Governing Council meeting, ECB 27/10/2022 Governing Council meeting, ECB. 27th October 2022 All lending rates increased by a further 0.75% The ECB’s Governing Council met on 27th October and voted to raise the cost of borrowing by 0.75%. This decision comes only seven weeks after the previous meeting which also hiked rates by 0.75%. … Continue reading ECB Governing Council 27/10/2022
Federal Open Market Committee 21/09/2022
Federal Open Market Committee, 21/09/2022 Federal Open Market Committee meeting, US Fed. 20-21/09/2022 FOMC goes for third consecutive 0.75% increase in the Fed Funds Rate. The Fed Funds Rate has now been raised from zero to 3% - 3.25% since the start of the year and it may not be the last increase of 2022. … Continue reading Federal Open Market Committee 21/09/2022
BofE Monetary Policy Committee 22/9/2022
Monetary Policy Committee meeting, Bank of England 22/9/2022 Monetary Policy Committee meeting, Bank of England. 22nd September 2022 Bank Rate increased by a further 0.5%. Although there was a slowdown in the rate of increase of consumer pirces in August, the Bank of England’s Monetary Policy Committee voted to increase the Bank Rate by … Continue reading BofE Monetary Policy Committee 22/9/2022
ECB Governing Council 8/9/2022
Governing Council meeting, ECB 8/9/2022 Governing Council meeting, ECB. 8th September 2022 All lending rates increased by 0.75% Six weeks after the first rate hike in 11 years, the ECB raised the cost of borrowing by a further 0.75% following the meeting of its Governing Council on 8th September. The interest rate on the … Continue reading ECB Governing Council 8/9/2022
BofE Monetary Policy Committee 4/8/2022
Monetary Policy Committee meeting, Bank of England 4/8/2022 Monetary Policy Committee meeting, Bank of England, 4th August 2022 Sixth increase in the Bank Rate – this time by 0.5% The 0.5% increase in the Bank Rate announced by the Bank of England’s Monetary Policy Committee of the Bank of England was widely anticipated. … Continue reading BofE Monetary Policy Committee 4/8/2022
Federal Open Market Committee 27/07/2022
Federal Open Market Committee, 27/072022 Federal Open Market Committee meeting, US Fed. 26-27/07/2022 FOMC raises the Fed Funds Rate by a further 0.75%. With US inflation continuing to track upwards, it was inevitable that the Federal Open Market Committee was going to vote for a further increase in the Fed Funds Rate … Continue reading Federal Open Market Committee 27/07/2022
ECB Governing Council 21/07/2022
Governing Council meeting, ECB 21/07/2022 Governing Council meeting, ECB. 21st July 2022 First rate rise in 11 years As announced at its previous meeting, the ECB raised interest rates for the first time in 11 years following the meeting of its Governing Council on 21st July. The increase in the main policy rate, however, … Continue reading ECB Governing Council 21/07/2022
BofE Monetary Policy Committee 24/6/2022
Monetary Policy Committee meeting, Bank of England 24/6/2021 Monetary Policy Committee meeting, Bank of England. 24th June 2021 No interest rate rises yet and asset purchases continue. The Bank of England’s Monetary Policy Committee voted unanimously to keep interest rates at 0.1%, but once again, there was one dissenting voice in the vote to continue … Continue reading BofE Monetary Policy Committee 24/6/2022
Federal Open Market Committee 15/06/2022
Federal Open Market Committee, 15/06/2022 Federal Open Market Committee meeting, US Fed. 14-15/06/2022 FOMC raises the Fed Funds Rate again – this time by 0.75%. Any hopes that inflation may have already peaked when the annual increase in consumer prices fell from 8.5% in March to 8.3% in April were dashed when May’s data … Continue reading Federal Open Market Committee 15/06/2022
BofE Monetary Policy Committee 16/06/2022
Monetary Policy Committee meeting, Bank of England 16/06/2022 Monetary Policy Committee meeting, Bank of England, 16th June 2022 Fifth increase in the Bank Rate On 16th June, only a day after the US Federal Reserve raised the Fed Funds Rate by 0.75%, the Monetary Policy Committee of the Bank of England voted by 6 … Continue reading BofE Monetary Policy Committee 16/06/2022