“By selecting Miran, Trump has made a stop-gap appointment and given himself until January to make the main call,” said ...

The Bank of England has cut borrowing costs to 4% but cautioned over “uncertainty” about future interest rate reductions.The Bank’s Monetary Policy Committee (MPC) chose to reduce interest rates by 0.

The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.

MPC says base rate cut is a 'gradual and careful approach to the further withdrawal of monetary policy restraint [taht] ...