Kazakhstan comments on OPEC+ output

Source: Dukascopy Bank SA
On Wednesday, Kazakh Energy Minister Bolat Akchulakov revealed that OPEC+ could increase oil production to ease prices into the $60-$80 range.
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Thu, 04 Aug 2022 11:06:02 GMT

Bank of England increases Official Bank Rate

The Bank of England has just now hiked its Official Bank rate by 0.50% from 1.25% up to 1.75%. In addition, the central bank has published its Monetary Policy Summary. The Pound's value immediately adjusted to the news with an immediate spike up above 1.2210 and a follow up decline a minute after the announcement.

Thu, 04 Aug 2022 10:30:06 GMT

Bullard comments on inflation

US monetary policymaker James Bullard stated on Wednesday that the US Federal Reserve is set to raise rates until US inflation reaches 2.00%.

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