Rate-cutting cycles in recent decades – such as in the early 2000s, or during the financial crisis of 2007 – have tended to ...
On the other hand, Bank of England (BoE) Governor Andrew Bailey said that it is "vital that inflation stays low," and for ...
At the centre of things last week was the US Federal Reserve (Fed) rate announcement. In an 11-1 vote, the Fed initiated its easing cycle, reducing the target on the funds rate by an outsized 50 basis ...
Central banks have been clueless about handling inflation, and their constant flip-flopping with interest rates shows they ...