Interest rates tipped to stay on hold

Interest rates have been tipped to stay on hold when the RBA board meets in August.

Interest rates have been tipped to stay on hold when the RBA board meets in August.

The Fed’s rate-setting committee reached its decision after two days of deliberations, marking the fifth straight meeting at which the benchmark rate was kept at around 3.6%.

The Federal Reserve held interest rates steady for a fifth straight time on Wednesday amid mounting pressure on the bank to stay ahead of another war-driven energy price shock. In a 9-3 decision, the Federal Open Market Committee (FOMC) maintained its baseline interest rate at a range of 3.5 percent to 3.75 percent. It

Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action — not this week anyway. Meeting in Washington Tuesday and Wednesday, the Fed is expected to keep its benchmark interest rate unchanged. Members of the central bank’s rate-setting committee ma

The Bank of England should hold interest rates on Thursday, City AM’s Shadow Monetary Policy Committee has said, after a string of economic data prints showed the threat of spiralling inflation had eased. The Shadow MPC – a group of economists compiled by City AM – said a series of economic data releases had suggested…

"After months of upside inflation surprises, patience is wearing thin," writes EY-Parthenon's Gregory Daco.