Syced, CC0 Bank of Japan holds at 1.25% but says inflation has reached its 2% target
One board member voted for a rise on 30 October, and most economists expect the Bank to raise rates in December.
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Bank of Japan holds at 1.25% but says inflation has reached its 2% target
One board member voted for a rise on 30 October, and most economists expect the Bank to raise rates in December.
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Bank of England raises interest rates to 4% as energy prices push inflation higher
The Bank's first rate rise since 2023 was backed by all nine policymakers on 5 November, and one wanted a bigger increase. Staff expect inflation to reach about 5% by the middle of next year.
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ECB holds rates as Lagarde says she will step down nine months early
The European Central Bank kept its deposit rate at 2.5% on 29 October, the same day its president said she would leave on 7 February. A week later, euro zone inflation reached 4%.
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Fed holds rates at 3.75%–4% as two policymakers vote for a rise
Governor Lisa Cook and Cleveland Fed President Beth Hammack wanted a quarter-point increase on 28 October. Figures published the next day showed the economy grew at a 3.4% annual rate in the third quarter.