TEXT-Bank of England's Monetary Policy Summary
BANK OF ENGLAND MONETARY POLICY SUMMARY, SEPTEMBER 2024 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.
Bank of England’s Monetary Policy Committee paused for a breath
Bank of England's Monetary Policy Committee keeps rates steady at 5.00% amidst divided views on policy action.
Norwegian central bank holds policy rate at 4.5 pct
OSLO, Sept. 19 (Xinhua) -- Norway's central bank has decided to keep its policy rate steady at 4.5 percent, signaling stability in its ongoing efforts to curb inflation. "The policy rate will likely remain at 4.5 percent through the end of the year," said Norges Bank Governor Ida Wolden Bache in a press release on Thursday.
Bank of England holds rates at 5%
The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may lower borrowing costs again as soon as November. The Monetary Policy Committee’s eight-to-one decision on Thursday came after it cut borrowing costs by a quarter point at its meeting last month.
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