The USD/JPY and USD/CAD currency pairs are showing moderate gains following yesterday’s meeting of the US Federal Reserve. As expected, the American central bank kept its key interest rate unchanged. However, the tone of the accompanying statement and Jerome Powell’s comments were perceived by the market as less dovish than anticipated. Fed officials reaffirmed their […]
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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…