The Latest Breaking News from Monetary Policy

Federal Reserve Chair Jerome Powell has a new North Star to guide his fight against inflation, and it will put American paychecks at the heart of monetary policy next year.

Investors will be hoping for a calmer week after markets fell on the back of last week’s moves by central banks to tighten monetary policy.

The Bank of England, the UK’s central bank, has raised its main interest rate by 0.5% to 3.5%. This is the ninth in a series of increases over the past year that have had a ripple effect across the economy.

The US central bank has raised its benchmark rate to its highest level in 15 years, although at a slower clip than previously. Federal Reserve Chair Jerome Powell argues that while inflation has dipped, it is still too high to warrant a change in monetary policy. Also on the show,…

Warnings that further interest rate rises are likely in the coming months to stabilise the economy

Has inflation finally peaked? November’s Consumer Prices Index fell to 10.7 per cent last month, down from the 42-year high of 11.1 per cent in October and below expectations. That drop is likely to be deemed sufficient that the Bank of England’s Monetary Policy Committee can at least slow the…

Further monetary tightening will be gradual and measured, and can be adjusted if necessary, after the monetary policy committee raised its key interest rate late last month, minutes of the meeting showed on Wednesday.

Westpac expects tighter monetary policy and slowing economic growth to impact some of the bank's customers next year.

Interest rates could shoot to 3.5 per cent from next week following a meeting of the Monetary Policy Committee

The Fed’s aggressive monetary policy stance has kept the stock market highly volatile. Although the latest inflation report showed signs of a slowdown, it is far from target results. So, the potential continuation of rate hikes is widely expected to cause a recession. We believe that fundamentally sound stocks, Walmart…

The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect. Read on for details: