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- Written by Assistanc3
- Category: Central Banks
Bank of England kept its benchmark interest rate at 0.5%, the vote was unanimous.
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- Written by Assistanc3
- Category: Central Banks
People’s Bank of China, China’s central bank raised interest rates on its standing lending facility (SLF) short-term loans by 5 basis points.
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- Written by TradersCom
- Category: Central Banks
No surprises from the Federal Reserve Wednesday the FOMC Raised Interest Rates 25 bp as expected to the 1.25%-1.50% range and announced the taper continuance. The Fed began to unwind the $4.5 trillion balance sheet in October.
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- Written by TradersCom
- Category: Central Banks
The Bank of Canada announced that is was holding rates steady at 1.0% after its monetary policy meeting Wednesday. Though expected there had been concerns of hawkish language after last week's strong jobs report in Canada. The Canadian dollar fell in relief after the report.
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- Written by Helmholtz Watson
- Category: Central Banks
Central Bankers have a great way of avoiding when they are wrong, what is scary is how quick they jump on when they percieve they are right. This gem from Bank of Canada Senior Deputy Governor Carolyn Wilkins, "we started to raise rates at exactly the right time."
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- Written by Helmholtz Watson
- Category: Central Banks
Bank of Japan board member Hitoshi Suzuki signaled in interviews that the BOJ may raise interest rates before inflation hits its 2% target. He also said the BOJ could slow or change the way it buys exchange-traded funds (ETF) purchases in the future.
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- Written by TradersCom
- Category: Central Banks
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.
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- Written by Assistanc3
- Category: Central Banks
The Reserve Bank of Australia has kept its cash rate on hold at a record low of 1.5%.
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- Written by Assistanc3
- Category: Central Banks
Donald Trump names Jerome Powell as the Federal Reserve Chairman
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- Written by Assistanc3
- Category: Central Banks
The Bank of England increased the Bank rate by 25 basis points to 0.50% in line with expectations.