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The Bank of England left the policy rate at 3.75% at its June meeting; the statement's guidance was unchanged, reiterating it stands ready to act if needed to curb inflationary pressures. The vote surprised markets: Chief Economist Pill and MPC membe

2026-06-18

The Bank of England left the policy rate at 3.75% at its June meeting; the statement's guidance was unchanged, reiterating it stands ready to act if needed to curb inflationary pressures. The vote surprised markets: Chief Economist Pill and MPC member Greene both voted for a rate increase; in April only Pill had supported a hike.

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2026-06-18

Bank of China (Hong Kong) holds Hong Kong dollar prime rate at 5.00%.

Bank of China (Hong Kong) holds Hong Kong dollar prime rate at 5.00%.
2026-06-18

Fed Chair Kevin Warsh said on Wednesday he met with the Fed inspector general, who expects to publish a report this summer on cost overruns in the Federal Reserve’s Washington headquarters renovation. The project drew intense politics scrutiny; the T

Fed Chair Kevin Warsh said on Wednesday he met with the Fed inspector general, who expects to publish a report this summer on cost overruns in the Federal Reserve’s Washington headquarters renovation. The project drew intense politics scrutiny; the Trump administration previously opened a criminal probe into former Fed Chair Powell over the work, which was later dropped. The episode was cited as a factor in Powell’s decision to remain on the Fed’s Board of Governors after his chair term expired in May.
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