The Latest Breaking News from MPC

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5%

The Hindu · Aug 10, 2023

MPC meet: No impact on EMIs as RBI keeps repo rate unchanged at 6.5%

NEW DELHI: For the third time in a row, the RBI's high-powered monetary policy committee decided to keep the repo rate unchanged at 6.5 per cent. The repo rate is the interest rate at which the RBI lends money to commercial banks.

The Times of India · Aug 10, 2023

More pain in store – tough-talking Bank raises UK interest rates and a few eyebrows

Rise to 5.25% comes as no surprise but Bank of England’s language will frighten many

The Guardian - UK · Aug 3, 2023

Washington Takes Aim at Credit Card Processing Fees

Visa and Mastercard network fees are ‘part of problem’ as consumers face rising prices, lawmakers say.

Kiplinger · Aug 1, 2023

UK interest rates likely to rise again despite slowing labour market

Rising unemployment and slowing jobs growth will not counteract strong pay pressure

The Guardian - UK · Jul 11, 2023

Is Rishi Sunak picking the right targets in his anti-inflation battle?

After asking borrowers to hold their nerve, the prime minister now seems to be preparing to further squeeze public sector workers

The Guardian - UK · Jun 27, 2023

Voices: Inside the UK mortgage crisis and how interest rate rises will affect you

As Rishi Sunak and Jeremy Hunt rule out direct financial help for borrowers, here’s what the interest rate leap means for you.

The Independent UK · Jun 23, 2023

Rishi Sunak facing wrath of mortgage holders as 9 out of 10 ‘dissatisfied with Government’

EXCLUSIVE: Tories fall further behind Labour amid mortgage crisis and Boris Johnson furore

Evening Standard · Jun 23, 2023

Why the Bank of England's interest rate hikes aren't slowing inflation enough and what that means for mortgages

Consumer price inflation stuck at 8.7% in May, defying expectations of a slowdown and making a further rise in UK interest rates inevitable.

The Conversation · Jun 22, 2023

OPINION - The Bank of England vs inflation: over-reacting or under-reacting?

My toxic character trait is that, whenever I find myself in a non-English speaking country (as I believe locals call their mother tongue) and I’m asked a question, I panic and reflexively default to French. This has gone on to cause a scene in Germany, Brazil and one time in…

Evening Standard · Jun 22, 2023