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👤Isaac Ndegwa
🕔September 7, 2016
The bank of Canada is due to announce its decision on Canada’s interest rates today. The key rates are widely expected to remain unchanged at 0.5% but investors will be keen to scrutinize any other supporting information in order to pick hints on the BOC’s outlook on the economy.…
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👤Isaac Ndegwa
🕔September 6, 2016
In line with the expectations, the Royal Bank of Australia (RBA) has left the interest rates at 1.5%. The RBA chose to maintain its dovish bias for the remainder of the year. The RBA had earlier in May and August eased the monetary policy and chose to leave the rate unchanged as there was no economic change that warranted further easing of the monetary policy.…
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The Kiwi Remains Subdued Ahead of RBNZ Rate Decisions
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👤Isaac Ndegwa
🕔August 9, 2016
The New Zealand Dollar has remained muted this week as the world awaits the RBNZ’s rate decisions. Even the excellent credit card spending figures released on Tuesday were not good enough to spur some excitement around the Kiwi. The pound has also continued to slide out of favor with investors owing from poor trade data in the UK but it still looks stable against the Kiwi.…
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👤Xinyang
🕔July 29, 2016
The BOJ kept its pledge to increase the monetary base at an annual pace of about 80 trillion yen at its July 2016 meeting. Interest rate is also left unchanged at – 0.1 percent. Economists had expected a reduction to -0.2%.…
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US Interest Rate Unchanged at 0.5%
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👤Xinyang
🕔July 28, 2016
The Fed left the target range for its interest rate unchanged at 0.5 percent for the fifth time during its July 2016 meeting. Policymakers said that the strengthening of the labour market and decreasing near-term risks to growth may suggest a rate hike is still possible this year, depending on incoming economic data.…
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