Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...

Monetary Policy Summary, March 2026 At its meeting ending on 18 March 2026, the Monetary Policy Committee (MPC) voted unanimously to maintain Bank Rate at 3.75%. Conflict in the Middle East has caused ...

Central bankers are tapping nontraditional data sources for a more complete picture of the economy In the spring of 2020, the Federal Reserve faced a challenge: The COVID-19 pandemic was upending ...

The Bank of England voted unanimously to keep interest rates on hold and said it “stands ready to act” to tackle any ...

The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.

Donald Trump and the conflict in the Middle East are now determining monetary policy in the UK. That’s effectively the assessment of the Bank of England, which warned that Britons will be paying the ...

This data series is part of the Center for Monetary Research. The U.S. Monetary Policy Event-Study Database (USMPD) collects high-frequency changes of interest rates and asset prices around Federal ...

The Bank of England's interest rate-setters all voted to keep borrowing ​costs on hold and said they were "ready to act" to ...

The Federal Reserve's dual mandate — price stability and maximum employment — normally provides a clear directional signal for monetary policy. When unemployment rises, the policy prescription is ...

Bond yields have surged as Europe's central banks grapple with new inflation fears.

The Federal Reserve voted to keep its key interest rate flat, as rising inflation prevented it from cutting rates and the ...

The Bank of England’s Monetary Policy Committee has held UK interest rates at 3.75% as conflict in the Middle East forces the ...