The Bank of England will decide on Thursday whether to raise interest rates in a policy decision that is considered the most elusive to predict in years, with policymakers split over a lack of data to help form an intelligent opinion.
UK economic growth has been impeded by supply chain trouble and inflation. Therefore, the UK economy kept its interest rates unchanged today. How long will the bank be able to ignore rising inflation?
U.K. Prime Minister Boris Johnson delayed reopening the country’s economy by four weeks as the Delta strain of COVID continued its high infection rate.
The European Central Bank meets today to decide whether or not to change the Euro interest rate and to provide guidance on the organization’s plans for quantitative easing. Will it continue its dovish monetary policies as Europe's economy recovers?
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