Central Bank Watch
Bank of England Struggles to Find Policy Consensus
August 7, 2025
On the Bank of England’s Monetary Policy Committee, officials are grappling with a recent reacceleration of inflation but also sluggish growth and higher unemployment. The Committee initially split 4-4-1 with a four-person minority including the bank’s chief economist favoring no change in the former 4.25% Bank Rate, matched against a group of four votes including […] More
New Overnight Developments Abroad - Daily Update
Many Data Releases and Central Bank Interest Rate Announcements
August 7, 2025
Reciprocal tariffs became effective today. The scale of their increase is profound, and reactions in America to the new tax are extremely polarized and aligned with political affiliations. For Trump supporters, today is a great day, heralding a large new source of fiscal revenue and a rebirth of the country’s manufacturing sector. For political opponents, […] More
