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BoJ decision raises rates to 0.5 per cent

The bank of Japan voted 8-1 in favour of raising interest rates by 0.25 basis points to 0.5%. Toshihiko Fukui, BoJ governor, mentioned future rate rises would be very gradual and that they would be keeping monetary policy extremely accommodative.

In the Eurozone Friday’s slightly lower than expected German IFO figure came in at 107.5 from [...]

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Bank of England hold rates at 5.25 per cent

Yesterday the minutes from the Bank of England’s February Monetary Policy Committee meeting revealed a 7 to 2 vote in favour of keeping UK interest rates on hold at 5.25 per cent. The seven members that voted for a rate hold felt concerned about delivering rate hikes that were too closely spaced together.

They wanted [...]

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