The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking ...
The MPC’s decision to reduce borrowing costs complements these efforts, making credit more accessible to businesses and ...
The Monetary Policy Committee had considered the idea of holding the meetings in the middle of the month instead of the beginning to align with inflation and industrial production data releases ...
Jay Powell has defended the Federal Reserve’s authority over US monetary policy, as he vowed to “focus on the data” and avoid wading into politics despite calls from the Whi ...
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