Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Nationalist candidate Nawrocki wins Poland presidential election
    • Ukraine stages audacious attack on airfields deep in Russian territory
    • The world’s strongest currency is also super-competitive 
    • Starmer refuses to commit precise date for 3% defence spending target
    • Treasury secretary Bessent insists US will ‘never default’ on its debt
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
    Most Read
    • Starmer refuses to commit precise date for 3% defence spending target
    • UK house price growth in May exceeds forecasts
    • The UK doesn’t have a productivity puzzle
    • UK calls on France to stop migrants in shallow waters after ‘shocking’ day
    • UK backs Morocco’s ‘autonomy plan’ for Western Sahara
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Trump tariffs cut off recovery in private equity dealmaking
    • UK house price growth in May exceeds forecasts
    • Early adoption of AI will boost US growth
    • Bidders for BP’s Castrol weigh offers below expected $8bn valuation
    • ‘Mischief before money’: inside the M&S hackers’ hunt for new targets
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • Early adoption of AI will boost US growth
    • ‘Mischief before money’: inside the M&S hackers’ hunt for new targets
    • Can the Gulf really become an AI superpower?
    • Indian tech fund sees domestic opportunity akin to 1990s Silicon Valley
    • Business schools race to keep abreast of developments in AI
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • The world’s strongest currency is also super-competitive 
    • Treasury secretary Bessent insists US will ‘never default’ on its debt
    • Dollar’s correlation with Treasury yields breaks down
    • Bidders for BP’s Castrol weigh offers below expected $8bn valuation
    • Trump’s steel tariffs prompt anger and warnings of ‘catastrophic’ job cuts in Canada
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • The world’s strongest currency is also super-competitive 
    • Early adoption of AI will boost US growth
    • Britain’s golden chance to attract top US talent
    • The Fed’s demanding next months
    • The UK doesn’t have a productivity puzzle
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • ‘No timewasters please’: is setting boundaries necessary or plain rude?
    • The pleasures and pitfalls of retirement
    • Business schools race to keep abreast of developments in AI
    • How to eat like a local in Miami
    • John Lewis and Waitrose face demands to reinstate bonuses
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
    Most Read
    • A drinker’s case against drinking
    • The five best Dubai chocolates
    • ‘The threat feels existential’ – Bordeaux’s 2025 en primeur campaign
    • Great rail journeys: nostalgia and magic on the Night Riviera to Cornwall
    • Saudi Arabia plans for safer Hajj as more than 1mn pilgrims arrive
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Monetary policy

  • Monday, 2 June, 2025
    Markets InsightMohamed El-Erian
    The Fed’s demanding next months

    Central bank needs to mix playing defence with going on the offensive with a new policy framework and improved communication

    The Federal Reserve building
  • Friday, 30 May, 2025
    InterviewUK economy
    Alan Taylor: we have flipped the switch from the ‘great moderation’

    The professor and MPC member on making monetary policy in an age of uncertainty

    Leonie Woods illustration of the portraits of Martin Wolf and Sam Fleming for Economists Exchange
  • Tuesday, 20 May, 2025
    UK interest rates
    BoE is cutting rates too quickly, warns chief economist

    Huw Pill opposed this month’s reduction over inflation concerns

    Huw Pill
  • Friday, 16 May, 2025
    Gilts
    Britain’s quantitative tightening will hurt us for a long, long time

    Ugly QT needs a rethink — fast

  • Thursday, 8 May, 2025
    UK interest rates
    BoE cuts rates by a quarter point to 4.25% in three-way split decision

    Monetary Policy Committee split three ways over decision

    Chart showing the Bank of England bank rate (%) since January 2023
  • Thursday, 8 May, 2025
    White House Watch
    Federal Reserve holds rates steady as it grapples with tariff uncertainty

    Monetary policymakers face increasingly difficult battle figuring out how, and when, to take action

    Federal Reserve chair Jay Powell
  • Wednesday, 7 May, 2025
    Chris Giles on Central Banks
    Q&A: How should central banks navigate the new world order?

    FT journalists answered your questions about the monetary policy picture in the US and the rest of the world

    Montage of Andrew Whiffin, Elettra Ardissino, Chris Giles and Joel Suss with the Federal Reserve
  • Wednesday, 7 May, 2025
    Chinese economy
    China cuts key interest rate to 1.4%

    Central bank reduces lenders’ reserve requirements as policymakers take action over US trade war

    Pan Gongsheng is seated at a press conference
  • Sunday, 27 April, 2025
    Markets InsightSushil Wadhwani
    The UK needs to tackle Trump contagion risk for gilts

    Authorities should take action to encourage a ‘decoupling’ from moves in Treasury yields

    Bank Of England Governor Andrew Bailey
  • Sunday, 27 April, 2025
    Swiss National Bank
    Swiss franc surge sparks bets on return to negative interest rates

    Switzerland’s currency has soared as investors seek a haven from US President Donald Trump’s trade war

    A Swiss flag is pictured in front of the Swiss National Bank (SNB) in Bern
  • Friday, 11 April, 2025
    Federal Reserve
    Fed ‘absolutely’ ready to help stabilise market if needed

    US central bank prepared to act with ‘various tools’, Susan Collins says

    Susan Collins, president of the Boston Fed
  • Thursday, 10 April, 2025
    Gilts
    Bank of England drops sale of long-dated bonds amid market turmoil

    Sell-off in 10- and 30-year gilts prompts central bank’s decision to sell only shorter maturity bonds in April 14 auction

    Flowers growing outside the Bank of England in London
  • Monday, 7 April, 2025
    UK quantitative easing
    Where the Bank of England’s QE programme went wrong

    And what can still be done about it

  • Wednesday, 26 March, 2025
    Markets InsightFabio Panetta
    The ECB must remain pragmatic in setting rates

    R-star debate becomes less useful as monetary policy approaches neutral level

    The European Central Bank sign with the bank’s Frankfurt headquarters in the background
  • Monday, 24 March, 2025
    Markets InsightMichala Marcussen
    The rise of Eurozone bond yields outside Germany is unwarranted

    It might be time to consider a pause in unwinding the ECB’s pandemic-era asset purchasing programme

    Christine Lagarde
  • Wednesday, 19 March, 2025
    Bank of Japan
    Trump tariff uncertainty pushes BoJ to hold rates

    Risk of potential US downturn weighs on Tokyo’s hope for economic revival

    The Japanese flag waves in the foreground, with the dome and facade of the Bank of Japan headquarters visible in central Tokyo
  • Wednesday, 19 March, 2025
    Eurozone interest rates
    Bundesbank enlists AI to prove ECB’s dovish bias

    Germany’s central bank compares Eurozone bank policies and rhetoric in study powered by artificial intelligence

    Bundesbank headquarters in Frankfurt, Germany
  • Thursday, 6 March, 2025
    Turkey
    Turkey cuts interest rates to 42.5% after inflation falls to 2-year low

    Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023

    Customers shopping for food in a market in Istanbul, Turkey on March 3 2025
  • Friday, 14 February, 2025
    Syria
    Syria flies in fresh banknotes from Russia as cash crunch hits economy

    Shortage of local currency notes has impeded business since overthrow of Bashar al-Assad

    A person holding a 2,000 Syrian pound bill
  • Thursday, 13 February, 2025
    Markets InsightSushil Wadhwani
    Two key steps the UK could take on fiscal pressures and growth

    Government should consider handing over inflation target to BoE and issue more index-linked gilts

    People are silhouetted as they walk near the Bank of England
  • Wednesday, 12 February, 2025
    Markets InsightRichard Clarida
    Markets may be underestimating how much inflation will fall this year

    It is not just tariffs that might affect growth but also trade uncertainty and the effects of the Trump policy agenda

    The Federal Reserve building in Washington DC
  • Tuesday, 11 February, 2025
    US economy
    Powell defends Fed’s authority over US monetary policy

    Central bank chief vows to ‘focus on the data’ rather than get dragged into political debates

    Jay Powell
  • Thursday, 6 February, 2025
    Currencies
    Back to the Future: NIRP edition

    Swiss shenanigans

  • Thursday, 6 February, 2025
    Eurozone interest rates
    ‘Neutral’ rate not driving monetary policy, say ECB officials

    Central bankers talk down theoretical benchmark that has become a focus of economists’ attention

    A man walks past the headquarters of the European Central Bank in Frankfurt, Germany
  • Friday, 31 January, 2025
    Eurozone inflation
    ECB will not fully tame inflation this year, fear European consumers

    Expectations about price increases rise to highest level since July as central bank prepares for more interest rate cuts

    Pedestrians board and get off trams in Munich, Germany
Previous page1Next page

Join us at an FT Live event

Discover unmissable flagship events and members only communities to expand your thinking and elevate your career

FT Live
The Central & Eastern European Forum
Where CEE markets thrive.
Tuesday, 13 January 2026Am Stadtpark 1, 1030 Wien, Austria
Explore all events

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsFT Leaders Academy

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:UK
International
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • FT Leaders Academy
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In