PBOC raises 7-day reverse repo rate by 5 basis points to 2.55 percent - Reuters

The news is crossing the wires via Reuters that People's Bank of China (PBOC) has raised the seven-day reverse repo rate by 5 basis points to 2.55 percent. 

The central bank said the rate rise is normal response to Fed's 25 basis point rate hike. 

 

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BOE to stand pat on its monetary policy – Nomura

Analysts at Nomura offer their thoughts on today’s Bank of England (BOE) interest rate decision and minutes release, noting that they believe the BOE
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