Bank of England Declines to Follow Fed Cut | Presented by CME Group

The first major central bank decision to arrive after this week’s decisive 50 basis-point rate cut by the Fed made clear there won’t be a global rush toward policy adjustment. The Bank of England voted by 8-1 to maintain its policy rate at the current level. What factors will central banks be weighing before moving toward less restrictive rates? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

Author: Bloomberg Television
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News post in September 21, 2024, 12:01 am.

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