Trends - Monetary Policy Committee

Monetary Policy Committee

BoE's Vlieghe says economy will need help even with swift rebound

Vlieghe said in an interview published on Monday that the yardstick for Britain's economic revival should not be just a few quarters of fast growth, but a full recovery of its labour market, too.
"My main message is don't think of the Bank Rate being linked to short-term growth in the economy, as that's not enough," he told TheBusinessDesk.com, a regional business news website.

Published 29 Mar, 2021 08:22pm

Markets

Thai central bank keeps key rate at record low, cuts 2021 GDP outlook

The Bank of Thailand's (BOT) monetary policy committee voted unanimously to hold the one-day repurchase rate at 0.50% for a seventh straight meeting.

Published 24 Mar, 2021 12:26pm

Markets

Thai central bank seen holding key rate steady, likely to cut GDP forecast

A recent weaker baht should also help exports, another key driver of Thailand's economy.

Published 22 Mar, 2021 11:07am

Opinion

MPS demonstrates astute SBP approach

There was no surprise. Majority of analysts were expecting no change based on the forward guidance State Bank of...

Published 21 Mar, 2021 04:05am

SBP keeps policy rate unchanged at 7pc

KARACHI: While, noting the uncertainty around the inflation and growth outlook, the Monetary Policy Committee (MPC)...

Updated 20 Mar, 2021 02:29pm

Business & Finance

BoE split over outlook

LONDON: The Bank of England said Britain's economic recovery was gathering pace thanks to the speed of COVID-19...

Published 19 Mar, 2021 05:32am

Business & Finance

Bank of England should push back against growth risks: Haskel

Commercial banks should follow BoE advice to make sure they are ready to implement negative interest rates, although the central bank does not yet know if they will be needed later this year, Haskel added.
Risk management considerations dictate that policy should lean strongly against downside risks to the outlook and I remain open to the possibility that the economy might need further support to return inflation to the target sustainably.

Published 05 Mar, 2021 09:05pm

Business & Finance

Bank of England's Haldane warns inflation ‘tiger’ is prowling

People are right to caution about the risks of central banks acting too conservatively by tightening policy prematurely.
"There is a tangible risk inflation proves more difficult to tame, requiring monetary policymakers to act more assertively than is currently priced into financial markets," Haldane said.

Published 26 Feb, 2021 06:09pm

Business & Finance

Moderate inflation in India provides room to support growth: MPC minutes

The Reserve Bank of India kept rates steady at record low levels this month and said it would maintain support for recovery from the coronavirus by ensuring ample liquidity.
The near-term outlook for inflation appears less risky than the near-term challenges for growth which warrant continuing policy support, at least until the elusive engine of investment fires and consumption, the mainstay of aggregate demand in India, stabilizes.

Updated 22 Feb, 2021 10:04pm

Business & Finance

Negative rates may be BoE's best tool in future: Saunders

Saunders, one of nine members of the BoE's Monetary Policy Committee, said in December that he saw scope for borrowing costs modestly below zero.
"If we wanted to lower the yield curve from current levels, then I suspect a lower Bank Rate might be more appropriate," he told the Resolution Foundation think tank.

Published 18 Feb, 2021 08:59pm

Business & Finance

Bank of Israel to hold rates as economy poised for steep rebound

Rate decision due at 1400 GMT on Monday.
Inflation rate at -0.4% in January.
Economy contracted 2.4% in 2020, seen growing sharply in 2021.
Bank of Israel to buy at least $30 bln of FX to halt shekel rise.

Published 18 Feb, 2021 08:16pm

Business & Finance

India's Jan retail inflation likely softened to lowest since October 2019

Asia's third-largest economy was expected to contract 8.0% this fiscal year, its deepest slump in around four decades.

Published 10 Feb, 2021 11:38am

Business & Finance

India holds rates steady

MUMBAI: India's central bank kept rates steady at record low levels as expected on Friday and said it would maintain...

Published 06 Feb, 2021 04:06am

Markets

Indian shares pull back from record highs as central bank leaves rates steady

The Nifty PSU Bank index, which tracks state-run lenders jumped 6.5%, while the Nifty Banking index added nearly 3%.

Published 05 Feb, 2021 11:15am

Opinion

Pragmatic approach to monetary policy-making

State Bank of Pakistan (SBP) has maintained status quo third time in a row, keeping the interest rates steady at 7%....

Published 24 Jan, 2021 03:32am

BR Research

Interest rates - doves dominate hawks for now

The Monetary Policy Committee meeting is expected by the end of this week. There might no surprises. The status quo...

Published 19 Jan, 2021 07:25am

Markets

Brazil central bank makes permanent change to time of interest rate announcements

In a statement, the central bank said the publication of the Copom minutes will remain 8 a.m. on the Tuesday of the week following the policy decision and statement.

Published 14 Jan, 2021 01:00pm

Markets

Kenyan central bank to hold next rate-setting meeting on Jan. 27

At its last meeting in November, the bank held its benchmark lending rate for the fifth time in a row at 7.0%.

Published 03 Jan, 2021 02:25pm

Markets

Bank of England set to wait for end to Brexit stand-off

The BoE's bond-buying programme is widely seen as its most likely weapon should it need to return to the stimulus pumps.

Published 17 Dec, 2020 10:55am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	270.01 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	641.75 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 24 Attock Cement Pakistan Limited(ACPL)	83.00 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	270.01 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	641.75 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 24 Attock Cement Pakistan Limited(ACPL)	83.00 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	200.40
USD PKR Interbank Buying / May 24	200.20
USD to Japanese Yen / May 24	128.01
USD to Swiss Franc / May 24	0.97
Pound Sterling to USD / May 24	1.26
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3973.75
India Sensex / May 24	54288.61
Tokyo Nikkei / May 24	26901.11
Nasdaq / May 24	11535.27
Hang Seng / May 24	20479.87
FTSE 100 / May 24	7513.44
Dow Jones / May 24	31880.24
Germany DAX 30 / May 24	14175.40
France CAC40 / May 24	6358.74

Item	Value
Crude Oil / May 24	109.86
Karachi Cotton Assoc. / May 24	21180.00
Gold 10 Grams / May 24	118500.00
Gold Spot / May 24	1855.80
Cotton / May 24	125.45

Monetary Policy Committee

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