Media › Bank of England prepared to cut rates if job market slows, says governor

Bank of England prepared to cut rates if job market slows, says governor

2025-07-14 04:16:14| BBC News | Business | World Edition

Andrew Bailey tells the Times "I really do believe the path is downward" on interest rates.

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Asia stocks slip as US tariff war keeps investors on edge

2025-07-14 02:58:10| The Economic Times

Asian stocks declined due to Wall Street futures losses. U.S. tariff threats kept investors cautious. Trump considered tariffs on EU and Mexico. The EU planned to extend countermeasures. Investors seemed unfazed by Trump's policies. Earnings season began with major banks reporting. Trump pressured Fed Chair Jerome Powell for stimulus. U.S. consumer price data is expected.

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RBI likely to use 'secured rate' as new operative benchmark tool

2025-07-14 02:46:35| The Economic Times

Nomura suggests the RBI might replace the unsecured WACR with a secured rate like TREPS or SORR to enhance monetary policy transmission, aligning with global practices. Secured repo markets have grown significantly, while call money market volumes remain stagnant. This shift would necessitate more active liquidity management by the RBI, especially concerning mutual funds' access to standing facilities.

Category: News and Media

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