Governing Council meeting, ECB 9/6/2022 Governing Council meeting, ECB. 9th June 2022 First rate rise to take place in July The ECB’s Governing Council met on 9th June and announced that it will implement its first rate hike in 11 years after its next meeting, which is scheduled for 21st July. Interest rates will … Continue reading ECB Governing Council 9/6/2022
Federal Open Market Committee 4/5/2022
Federal Open Market Committee, 4/5/2022 Federal Open Market Committee meeting, US Fed. 03-04/05/2022 FOMC increases the Fed Funds Rate by 0.5%. Confronted with consumer price inflation at a 40-year high of 8.5% in the year to March, the FOMC followed up its 0.25% increase in the Fed Funds Rate last March with a further increase, … Continue reading Federal Open Market Committee 4/5/2022
BofE Monetary Policy Committee 5/5/2022
Monetary Policy Committee meeting, Bank of England 5/5/2022 Monetary Policy Committee meeting, Bank of England, 5th May 2022 Fourth increase in the Bank Rate On 5th May, the Monetary Policy Committee of the Bank of England voted by 6 to 3 to raise the Bank Rate by a further 0.25% to 1%. This was … Continue reading BofE Monetary Policy Committee 5/5/2022
ECB Governing Council 14/4/2022
Governing Council meeting, ECB 14/4/2022 Governing Council meeting, ECB. 14th April 2022 ECB to taper the APP as well as ending PEPP at the end of March Bucking the trend of most central banks in advanced Western economies, the Governing Council of European Central Bank voted to keep interest rates at 0% at its meeting … Continue reading ECB Governing Council 14/4/2022
Federal Open Market Committee 16/03/2022
Federal Open Market Committee, 16/03/2022 Federal Open Market Committee meeting, US Fed. 03-04/05/2022 FOMC increases the Fed Funds Rate by 0.5%. Confronted with consumer price inflation at a 40-year high of 8.5% in the year to March, the FOMC followed up its 0.25% increase in the Fed Funds Rate last March with a further … Continue reading Federal Open Market Committee 16/03/2022
BofE Monetary Policy Committee 17/3/2022
Monetary Policy Committee meeting, Bank of England 17/3/2022 Monetary Policy Committee meeting, Bank of England, 17th March 2022 Bank of England raises bank rates for the third time in a row On 17th March, the Monetary Policy Committee of the Bank of England voted by 8 to 1 to raise the Bank Rate by … Continue reading BofE Monetary Policy Committee 17/3/2022
ECB Governing Council 10/3/2022
Governing Council meeting, ECB 10/3/2022 Governing Council meeting, ECB. 10th March 2022 ECB to taper the APP as well as ending PEPP at the end of March At its meeting on 10th March, the Governing Council of European Central Bank announced a revision to the increase in the amount of assets purchased under the … Continue reading ECB Governing Council 10/3/2022
Federal Open Market Committee 26/01/2022
Federal Open Market Committee, 26/01/2022 Federal Open Market Committee meeting, US Fed. 25-26/01/2022 Fed Funds Rate likely to rise, but not yet. US consumer price inflation rose to 7% in the year to December, the highest value since June 1982. This figure was weighing heavily on the minds of the FOMC during its meeting … Continue reading Federal Open Market Committee 26/01/2022
Federal Open Market Committee 15/12/2021
Federal Open Market Committee, 15/12/2021 Federal Open Market Committee meeting, US Fed. 14-15/12/2021 Fed increases the taper, but is it enough? Since the last FOMC meeting, US consumer price inflation has risen further, rising to 6.8% in the year to December, the highest value since June 1982. The Fed has insisted for much of … Continue reading Federal Open Market Committee 15/12/2021
ECB Governing Council 16/12/2021
Governing Council meeting, ECB 16/12/2021 Governing Council meeting, 16th December 2021 ECB to taper asset purchases but leaves interest rates unchanged The Governing Council of European Central Bank decided to scale back its asset purchases under the Pandemic Emergency Purchase Programme (PEPP) from January 2022 onwards. It is planned to terminate the programme on … Continue reading ECB Governing Council 16/12/2021