Europe Indexes Pull Back After Two Days of Gains as Investors Read Central Bank Moves (EUR:USD:)
4 Articles
4 Articles
Why Is the BoE Holding Rates While the US Fed Hikes?
The Bank of England (BoE) is holding its rate at 3.75%, even as UK inflation climbs and the US hikes. That divergence comes down to where the inflation is coming from. The BoE's Monetary Policy Committee (MPC) voted six to three to hold, with three members wanting an immediate hike. A day earlier,...
Shares climb, bonds hold ground and short-term yields edge up after Fed hikes, BoE stays on
LONDON/SYDNEY, Sept 17 (Reuters) - World shares shuffled higher and the dollar nestled at a seven-week high on Thursday, after the U.S. Federal Reserve's first interest rate hike in more than three years and a dip in oil prices helped calm a global bond market selloff that has rumbled for months.Focus was also on the Bank of England (BoE) as it held UK rates steady but also sounded the alarm on inflation given the pressures of energy prices. T…
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