Monetary Policy Committee

The Bank of Thailand reaffirms its adherence to integrity and principles to build confidence - good governance in Thailand

Retrieved on: 
Wednesday, April 10, 2024
Element, Government, Central bank, Finance, Corruption, Environment, Thought, Risk, Ethics, Bank, MPC, PSC, Policy, Human, Conflict of interest, Private sector, NACC, Monetary Policy Committee, Kingdom, News, Person, Virtue, Guideline

Anything we do or think, we have to be able to explain why we act or think this way," she noted.

Key Points: 
  • Anything we do or think, we have to be able to explain why we act or think this way," she noted.
  • The Bank of Thailand also vows to create transparency in the decision-making process and make it auditable.
  • The decision-making is transparent because there is a data storage and communication system so that it can always be traced back.
  • The NACC is supervised by the NACC Board and has the Office of the NACC as its administrative agency.

A forward-looking tracker of negotiated wages in the euro area

Retrieved on: 
Saturday, February 10, 2024
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Key Points: 

    Mortgage rates are falling but borrowers are still feeling the squeeze – a finance expert explains how to cut your repayments

    Retrieved on: 
    Wednesday, January 3, 2024
    People, Budget, Rosebud Baker, HSBC, Bank, SVR, Risk, Bank of England, Monetary Policy Committee, Pressure, Government, UK Finance, News, Real estate

    Over the course of the 2023 alone, the base rate increased from 3.5% to 5.25%, surpassing economists’ expectations and pushing mortgage rates to the highest levels since 2008.

    Key Points: 
    • Over the course of the 2023 alone, the base rate increased from 3.5% to 5.25%, surpassing economists’ expectations and pushing mortgage rates to the highest levels since 2008.
    • For some people, repayments have increased by hundreds of pounds overnight.
    • Many people facing increased monthly mortgage payments were already managing stretched budgets due to the rising cost of living.
    • Mortgages of 35 years or more have increased from around 5% to 12% of the market in the last two years.

    Where are rates headed in 2024?


    Signs that households are struggling to keep up with mortgage payments are getting stronger, with more people now falling into arrears. Although less severe than previously forecast, industry body UK Finance expects arrears and possessions to continue to rise. Arrears and repossessions are rising

    • And as more homeowners come off the cheap fixed rates of pre-2022 period, around 2.3 million households are expected to face higher rates in 2024, with an average monthly repayment increase of £240.
    • The Bank of England has forecast that around 440,000 households will struggle to afford these increases.
    • So, we may well have passed the peak for interest rates.
    • In early January, Halifax cut some rates by nearly 0.8% and HSBC also announced reductions for certain products.
    • Rates still remain high compared to recent years, but this downward trend will continue to help household finances this year.
    • But it’s unrealistic to expect the mortgage rates to return to the 325-year lows observed between 2008 and 2021.
    • Read more:
      Five ways to reduce your mortgage repayments in 2023 – and why rates have risen so high

    What to do if you need a mortgage in 2024

    • They also may have access to better deals than you can find yourself online or through your bank.
    • If you are on a fixed-rate mortgage that is about to end in 2024, make sure to check your lender’s standard variable rate (SVR).
    • Recently, the UK’s mortgage lenders agreed with the government on a number of measures to support people struggling with their mortgage repayments.
    • So, if you are worried, it’s best to talk to your bank in advance about how it can help.


    Alper Kara does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    AIF Global Launches New AIF APAC Division with Asia Pacific Regional Focus at Inaugural Annual Investors' Meeting in Seoul

    Retrieved on: 
    Wednesday, April 5, 2023
    Faculty, Private equity, University, Capital, Government of New York (state), Infrastructure, Rockefeller Capital Management, NYSTRS, Socially responsible investing, Korea Post, State, Real assets, Real estate, CBRE, National Assembly, Korea Investment Corporation, NPS, Yonsei University, Monetary Policy Committee, National Pension Service, Center of excellence, National Assembly (South Korea), ESG, Bank, Private credit, Management, Cryptocurrency, Alternative Credit Investments

    NEW YORK, April 5, 2023 /PRNewswire/ -- The independent economic think tank AIF Global (www.aifglobal.org) is pleased to announce the launch of a new division called AIF APAC. AIF APAC will serve as an ongoing resource that will educate and inform the global institutional asset owner community, particularly those based in the Asia Pacific regions of South Korea, Australia, Japan, Singapore, and Hong Kong, about the best use of alternative investments in their portfolios. 

    Key Points: 
    • Yonsei University Professor of Finance Sam Y. Chung will serve as the first Head of AIF APAC.
    • AIF APAC held its inaugural Annual Investors' Meeting in Seoul on March 28–29, 2023.
    • AIF APAC's forums and other investment activities will be integrated with those of AIF Global across the four continents that AIF Global visits: North America, Australia, Europe, and Asia.
    • AIF APAC plans to add other Faculty Members with specialized expertise in the main alternative asset classes that AIF Global studies: Private Equity, Private Credit, Real Estate, Infrastructure, and Diversifying and Opportunistic Strategies.

    Mark Carney Joins Macro Advisory Partners as Senior Counsellor

    Retrieved on: 
    Monday, January 31, 2022
    Consulting, Professional Services, Human Resources, Finance, Bank, Goldman Sachs, BIS, CEO, Leadership, Policy, Monetary Policy Committee, Face, Pacific Economic Cooperation Council, Financial Policy Committee, Technology, European Systemic Risk Board, Board, Harvard University, Politics, Diplomacy, University of Oxford, Finance, Senior advisor, FSB, Bank of Canada, Senior, Bank for International Settlements, Foundation, Associate, Financial services, Management, Public relations, Economics, MAP

    Macro Advisory Partners (MAP), a leading geopolitical and global economics advisory firm, today announced the appointment of Mark Carney as Senior Counsellor.

    Key Points: 
    • Macro Advisory Partners (MAP), a leading geopolitical and global economics advisory firm, today announced the appointment of Mark Carney as Senior Counsellor.
    • Macro Advisory Partners provides strategic counsel to corporations, investors and foundations navigating the intersection of geopolitics, global economics, and regulatory policy.
    • Nader Mousavizadeh, MAP Founding Partner and CEO, said: I am delighted that Mark is joining our firm as Senior Counsellor.
    • Mark Carney, MAP Senior Counsellor, said: I am thrilled to join Macro Advisory Partners to advise clients on their strategies in the face of rapidly shifting macroeconomic dynamics and geopolitical forces.

    Bank of Canada Should Hold Overnight Rate at 1.75 Percent through January, Hike to 2.25 in a Year's Time Says C.D. Howe Institute Monetary Policy Council

    Retrieved on: 
    Thursday, November 29, 2018
    Economy, Monetary policy, Macroeconomics, Money, Bank of Canada, Inflation targeting, Interest rate, Monetary Policy Council, Inflation, Monetary Policy Committee

    Howe Institute's Monetary Policy Council (MPC) called for the Bank of Canada to keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on December 5, 2018, and in January of 2019.

    Key Points: 
    • Howe Institute's Monetary Policy Council (MPC) called for the Bank of Canada to keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on December 5, 2018, and in January of 2019.
    • The MPC provides an independent assessment of the monetary stance consistent with the Bank of Canada's 2 percent inflation target.
    • Council members make recommendations for the Bank of Canada's upcoming interest-rate announcement, the subsequent announcement, and the announcements six months and one year ahead.
    • The MPC's next vote will take place on January 3, 2019 prior to the Bank of Canada's interest rate announcement on January 9, 2019.