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policy rate

UK hikes policy rate to almost 15-year high

The Bank of England on Thursday hiked its policy interest rate by 25 basis points to nearly a 15-year high of 4.25%.Seven of the Monetary Policy Committee's nine members backed the move, while two voted for keeping the rate unchanged, the…

Türkiye leaves interest rate unchanged at 8.5%

Türkiye’s central bank on Thursday kept the one-week repo rate, also known as the policy rate, constant at 8.5%, in line with the market forecast."It has become even more important to keep financial conditions supportive to preserve the…
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