Japan goes in the opposite direction
On Friday, hot on the heels of an interest rate cut from the Bank of England and a hold from the European Central Bank, the Bank of Japan raised its interest rate by 0.25%
The fed cut for a last time?
On Wednesday, the Federal Reserve cut the Fed Funds to 3.75%-3.50%, as had been widely anticipated. More interesting was the dot plot which accompanied the announcement
Bank of England holds the Bank Rate at 4.00%
The Bank Rate. On Thursday, the Bank of England kept the Bank Rate at 4.0%, following the previous day’s widely-expected 0.25% cut from the Federal Reserve
The Bank of England continues with its quarterly cuts
The Bank (Base) Rate, which, on Thursday, the Bank of England cut by 0.25%, for the third time this year, taking it down to 4.0%, but it was a very close decision