The Bank of England has maintained its interest rate at 5%, contrasting with the US Federal Reserve’s rate cut to 4.8%.
The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.
THE latest decision of the United States Federal Reserve to reduce policy rates by 50 basis points (bps) may prompt the Bangko Sentral ng Pilipinas (BSP) to implement larger rate cuts. In its latest ...
The central bank’s action lowered its key rate to roughly 4.8%, down from a two-decade high of 5.3%, where it had stood for ...
Banks and building societies are lowering their mortgage rates even though the Bank of England voted to hold the base ...
A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public's ...
The Bank of Japan began a two-day policy meeting Thursday amid growing expectations that the central bank would keep interest ...
Bank of England expected to hold rates despite huge US Fed cut - Economists expect Monetary Policy Committee to keep rates on ...