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The Bank of England (BoE) has left its Bank Rate at 5.25% despite a core inflation rate of 6.1% and a headline inflation of 6.7%, the highest in the G10. The labor market remains tight with close to a record high pay growth. Australia's central bank is forecasted to raise interest rates on Tuesday to cool persistent inflation and ensure economic resilience. The Bank of Korea is expected to keep interest rates elevated for another year to control inflation. The Philippine central bank is likely to maintain its key interest rate at the current level due to slowing inflation.
The Philippine central bank’s key interest rate is likely to be kept at the current level at the next policy meeting this month amid slowing inflation, Finance Secretary Benjamin Diokno said https://t.co/5VxaEy7WTU
The Philippine central bank’s key interest rate is likely to be kept at the current level at the next policy meeting this month amid slowing inflation, Finance Secretary Benjamin Diokno said https://t.co/5aaNjTfQ5p
The Bank of Korea will probably keep interest rates elevated for another year to ensure inflation is brought under control, a former board member said, warning markets against rallying on premature expectations for a policy easing https://t.co/1blwgnov5h
The Bank of Korea will probably keep interest rates elevated for another year to ensure inflation is brought under control, a former board member said, warning markets against rallying on premature expectations for a policy easing https://t.co/FzUUaEBuHh
The Bank of Korea will probably keep interest rates elevated for another year to ensure inflation is brought under control, a former board member said, warning markets against rallying on premature expectations for a policy easing https://t.co/NOD80kt7U2
(New from me): If interest rates rise again, it may be because inflation fears lost their anchor to reality https://t.co/cNSaQ1Ypyl
Australia’s central bank is forecast to raise interest rates on Tuesday, ending a four-meeting pause as persistent inflation and broader economic resilience suggest a further clampdown is needed to cool prices https://t.co/hgUGvTQGnX
Australia’s central bank is forecast to raise interest rates on Tuesday, ending a four-meeting pause as persistent inflation and broader economic resilience suggest a further clampdown is needed to cool prices https://t.co/0n4yNDLVSg
Australia’s central bank is forecast to raise interest rates on Tuesday, ending a four-meeting pause as persistent inflation and broader economic resilience suggest a further clampdown is needed to cool prices https://t.co/kqOYKFgHn4
BoE POLICY IS STILL WANTING AND HAVE TO HOPE THAT INFLATION EASES. The BoE left its Bank Rate at 5.25% despite a core #inflation rate of 6.1% and a headline #inflation of 6.7% - the highest in the G10. The labour market remains tight, with pay growth close to a record high, but… https://t.co/v7CKrK6Ske https://t.co/l0lbreLgca