BoE and Fed keep policy on hold

federal reserve

The Federal Reserve and Bank of England were tight-lipped over the future of their respective monetary policies today, as both central banks kept their interest rates and asset purchase programmes on hold.

The Federal Open Market Committee (FOMC), when announcing its decision yesterday, changed less than 50 words from its statement in June. The sections dealing with the Fed's monetary policy – comprising the bulk of the statement –were entirely unchanged.

What little changes there were, however,

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: