ECB delivered a widely expected 25bps rate cut, bringing main refinancing rate to 2.75%, marginal lending rate to 2.90%, and deposit rate to 3.15%. In its statement, ECB noted that the “disinflation process is well on track,” with inflation evolving broadly in line with projections. Policymakers expect inflation to reach the 2% medium-term target this […]
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BoE lowered its benchmark Bank Rate by 25 basis points to 4.25% , in line with market expectations. However, the decision revealed a rare three-way split among policymakers. Five members supported the 25bps reduction, while Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It’s hard to imagine daily life without technology like smartwatches and Read more…
Monetary Policy Summary, May 2025 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 Read more…