Friday, 21 February 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Bank of England Leaves Policy Rate Unchanged at 0.75% in November as Expected
Thursday, 7 November 2019 19:14 WIB | FISCAL & MONETARY |

In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% with a unanimous vote. The asset purchase facility remained steady at €435 billion as well.

On a dovish note, 2 members of the Monetary Policy Committee voted to cut the policy rate. With the initial market reaction, the GBP/USD pair came under strong bearish pressure and was last down 0.2% on the day at 1.2825.

Source : FX Street

RELATED NEWS
Fed officials more upbeat about the economic outlook this year, minutes show...
Thursday, 20 February 2020 02:35 WIB

Federal Reserve officials and the central bank™s staff said the U.S. economy seemed stronger in late January than they had expected, according to minutes of their late-January meeting released Wedne...

RBA Reviewed Case for Further Rate Cut, Worried About Borrowing...
Tuesday, 18 February 2020 08:02 WIB

Australia™s central bank reviewed the case for a further interest-rate cut, but decided against it in order to avoid encouraging additional borrowing as house prices climb, minutes of its Feb. 4 mee...

Fed Chair Powell: Ready to use QE, guidance œaggressively in a downturn, USD stable...
Wednesday, 12 February 2020 22:41 WIB

Jerome Powell, Chairman of the Federal Reserve, has said that the bank is ready to use Quantitative Easing (QE) and also forward guidance "aggressively" in a downturn. Powell is testifying before the ...

Carney Speech: Low Interest Rate Environment Adds to Government's Fiscal Capacity...
Tuesday, 11 February 2020 23:02 WIB

The low interest rate environment adds to the government's fiscal policy, Bank of England (BoE) Governor Mark Carney said on Tuesday in his speech before the Economic Affairs Committee. "Low interest ...

Lagarde speech: Inflation Remains Some Distance Below Our Medium-Term Aim...
Tuesday, 11 February 2020 21:25 WIB

The growth momentum of the euro area has been slowing down since 2018 dur to global uncertainties and weaker international trade, European Central Bank (ECB) President Christine Lagarde said in her pr...

LATEST NEWS
European stocks close lower as investors monitor coronavirus and weak earnings

European markets closed lower Thursday despite a slowdown in the spread of the coronavirus in mainland China, as disappointing earnings weighed on investor sentiment. The pan-European Stoxx 600 closed down 0.86% to 430.19, with insurance stocks...

Google Updates Terms in Plain Language After EU Scrutiny

Google is attempting to make sure people know exactly what they're signing up for when they use its online services ” though that will still mean reading a lengthy document. The company updated its terms of service on Thursday ” its largest...

Dow falls 150 points, S&P 500 and Nasdaq pull back from record highs

Stocks fell on Thursday, giving back some of the gains from the previous session that led two of the three major indexes to record highs. The Dow Jones Industrial Average was down about 150 points, or 0.5%. The S&P 500 slid 0.4% and the Nasdaq...

POPULAR NEWS
Emas berjangka catat kenaikan beruntun sesi kelima
Thursday, 20 February 2020 01:49 WIB

Emas berjangka naik pada hari Rabu untuk sesi kelima berturut-turut, menandai penyelesaian lain pada level tertinggi sejak Maret 2013, dengan...

Gold futures marks highest settlement since March 2013
Wednesday, 19 February 2020 01:51 WIB

Gold futures rallied on Tuesday to log their highest finish since late March 2013, with analysts attributing the rise to expectations for central...

Gold Scales Two-Week High as Coronavirus Hits Business
Tuesday, 18 February 2020 20:35 WIB

Gold climbed to a two-week high on Tuesday as investors sought safe havens after a revenue warning from iPhone maker Apple due to coronavirus,...

Gold Rises on Rising Business Impact of Virus Outbreak
Tuesday, 18 February 2020 17:37 WIB

Gold prices rose to a two-week high on Tuesday, spurred by demand for safe-havens after iPhone maker Apple Inc's revenue warning underscored the...