Central Banks

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Reserve Bank of Australia Governor Phiilp Lowe speaking at the annual dinner of the Australian Business Economists says the likely next move in interest rates is up rather than down with no strong case for a near-term change in interest rates.

The Reserve Bank of Australia has kept its cash rate on hold at a record low of 1.5%.

Donald Trump names Jerome Powell as the Federal Reserve Chairman

The Bank of England increased the Bank rate by 25 basis points to 0.50% in line with expectations.

Federal Open Market Committee (FOMC) left the Fed funds rate in the range of 1.00% to 1.25%.

BOJ left its monetary stimulus program unchanged even as it trimmed its inflation forecasts.

The White House confirmed earlier that on Thursday the new Federal Reserve Chair will be announced. The strong mail is that President Trump will nominate Jerome H. Powell.

European Central Bank announcedwill continue at the current monthly pace of €60 billion until the end of December 2017. From January 2018 the net asset purchases are intended to continue at a monthly pace of €30 billion.

Bank of Canada Keeps Key Rates Unchanged At 1.00% As Expected

Eurozone bank lending survey shows easing of credit to households and consumer credit, while lending conditions for businesses broadly unchanged.

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