‘More restrictive policy’ may still be needed
Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday, May 21, 2024. Bloomberg | Bloomberg …
Central banking
‘The time has come for policy to adjust’
Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent. “The time has come for …
Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024. …
Philadelphia Fed President Harker advocates for interest rate cut in September
Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way September. Speaking to CNBC from the Fed’s annual retreat in …
Fed minutes July 2024
Federal Reserve officials at their July meeting moved closer to a long-awaited interest rate reduction, stopping short while indicating that a September cut had grown increasingly probable, minutes released Wednesday …
Taylor Swift Eras Tour unlikely to impact BOE rate policy
Taylor Swift performs onstage during “Taylor Swift | The Eras Tour” at Wembley Stadium on August 15, 2024 in London, England. Gareth Cattermole/tas24 | Getty Images Entertainment | Getty Images …
Brits snap up lower mortgages as BOE cut boosts market
Richard Newstead | Moment | Getty Images LONDON — Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four years …
RBNZ cuts cash rate by 25 basis points; lowers rate forecasts
A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. David Gray | Reuters The Reserve …
Our top 5 stocks of the topsy-turvey market since July’s Monthly Meeting
It’s been a Jekyll and Hyde stock market since the Club’s last Monthly Meeting. The S & P 500 closed at a record on July 16 — the day before …
10-year Treasury yield falls ahead of key unemployment data
Momentum behind U.S. Treasury yields waned on Thursday, as a recovery rally in global stock markets stalled and investors looked ahead to the release of key economic data. The yield …