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Bank of Canada Chief Says Rates Can't Fix High Housing Costs

Bank of Canada Chief Says Rates Can't Fix High Housing Costs
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BOE's Pill Says Rate Cut Possible This Year as 'Reward' for Inflation Drop

(Bloomberg) -- Bank of England Chief Economist Huw Pill said interest rates could drop this year as a “reward” to the economy for bringing inflation down.Pill said borrowing costs are on track to fall so long as inflation declines as expected — and that the Consumer Prices Index doesn’t need to drop all the way to the 2% target before the cuts can begin. Monetary policy is now “on a different path than we were over the course of last year,” he said.The remarks in a webcast Q&A signal a shift in

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BOE's Pill Says Rate Cut Possible This Year as 'Reward' for Inflation Drop

BOE's Pill Says Rate Cut Possible This Year as 'Reward' for Inflation Drop
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BOE Chief Economist Warns UK Rate Cuts Are Still 'Some Way Off'

BOE Chief Economist Warns UK Rate Cuts Are Still 'Some Way Off'
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Why Bank of England's Interest-Rate Cuts May Lag Fed and ECB

Why Bank of England's Interest-Rate Cuts May Lag Fed and ECB
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Macklem Cites Bond Demand as Source of Canada Repo Stress

Macklem Cites Bond Demand as Source of Canada Repo Stress
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BOJ Opinions Hint at Conditions for a Rate Hike Getting Closer

(Bloomberg) -- The Bank of Japan signaled it’s getting closer to raising its interest rate for the first time since 2007 in its summary of opinions from last week’s policy gathering, although authorities didn’t hint at a consensus over the specific timing for the move.Most Read from BloombergMusk Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainTech Giants Slide in Late Trading After Earnings: Markets WrapUPS CEO Kicks Off Producti

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Bank of America Targets Middle Market to Expand Investment Banking in Europe

Bank of America Targets Middle Market to Expand Investment Banking in Europe
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Bank Regulator to Propose Tougher Approach to Weighing Mergers

Bank Regulator to Propose Tougher Approach to Weighing Mergers
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Bank of America Employees to Share $800 Million Stock Reward

Bank of America Employees to Share $800 Million Stock Reward
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