The Latest Breaking News from Monetary Policy

Frankfurt (Germany) (AFP) - The European Central Bank raised interest rates again Thursday and signalled it would "stay the course" in its monetary policy tightening, even as sky-high inflation starts to slow.

Decision makers on the Bank’s Monetary Policy Committee (MPC) opted to hike the base rate from 3.5% to 4%.

"The Committee anticipates that ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2% over time," the Fed said.v

Let’s have a sort of “upper-level extension” to the RBA in the fight against inflation, writes Alan Kohler.

Monetary Policy Committee set to lift base rates at high noon on Thursday

With the expected continuation of monetary policy tightening, the economy is anticipated to witness a slowdown this year. Amid an uncertain economic backdrop, it could be wise to add fundamentally sound stocks HCA Healthcare (HCA), Yum! Brands (YUM) and DocuSign (DOCU) to your watchlist this week. These stocks have been…

Against the odds, the U.S. economy is moving towards a soft landing, according to BCG's top economists.

Although headline inflation has slowed, the Fed will likely keep raising interest rates to attain its 2% target. However, a potential slowdown in monetary policy tightening is opening the path for quality stocks to recover. Therefore, investors should consider buying fundamentally sound stocks Merck & Co. (MRK), Novartis (NVS), and…

While Jacinda Ardern’s resignation is not likely to cause economic instability, new Prime Minister Chris Hipkins will have to contend with significant existing problems such as the cost of living crisis and declining business confidence, argues Dr Murat Ungor.