The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as it sees the stronger world economy continuing to face “undiminished” uncertainty.
The decision was in line with expectations with all major banks expecting rates to be left unchanged at this meeting.…
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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as it sees the stronger world economy continuing to face “undiminished” uncertainty.
The decision was in line with expectations with all major banks expecting rates to be left unchanged at this meeting.…
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The highly uncertain outlook for Britain’s economy as the country prepares to leave the European Union means the Bank of England should keep interest rates on hold, one of the bank’s top policymakers said on Monday.
Gertjan Vlieghe, one of the strongest advocates for Bank of England stimulus in the aftermath of June’s Brexit vote, said upside or downside surprises in Britain’s economy need not prompt automatic changes in British monetary policy.
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The highly uncertain outlook for Britain’s economy as the country prepares to leave the European Union means the Bank of England should keep interest rates on hold, one of the bank’s top policymakers said on Monday.
Gertjan Vlieghe, one of the strongest advocates for Bank of England stimulus in the aftermath of June’s Brexit vote, said upside or downside surprises in Britain’s economy need not prompt automatic changes in British monetary policy.
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The Bank of Japan held off on expanding stimulus on today despite once again pushing back the timing for hitting its inflation target, signaling that it will keep policy unchanged unless a severe shock threatens to derail a fragile economic recovery.…
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The Bank of Japan held off on expanding stimulus on today despite once again pushing back the timing for hitting its inflation target, signaling that it will keep policy unchanged unless a severe shock threatens to derail a fragile economic recovery.…
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The Reserve Bank of Australia (RBA) left interest rates unchanged at 1.5% at its November monetary policy meeting, a decision that was widely expected by financial markets and the vast majority of economists.
“The Bank’s forecasts for output growth and inflation are little changed from those of three months ago.…
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The Reserve Bank of Australia (RBA) left interest rates unchanged at 1.5% at its November monetary policy meeting, a decision that was widely expected by financial markets and the vast majority of economists.
“The Bank’s forecasts for output growth and inflation are little changed from those of three months ago.…
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The European Central Bank (ECB) chose to leave all of its key interest rates unchanged today, in line with the market forecasts that the interest rate policy will stay in a holding stance while inflation rises slowly in the 19 bloc Eurozone area.…
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The European Central Bank (ECB) chose to leave all of its key interest rates unchanged today, in line with the market forecasts that the interest rate policy will stay in a holding stance while inflation rises slowly in the 19 bloc Eurozone area.…
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Despite the fact that the Feds continue to stress its political independence, the Feds will need to put together a stronger case for a decision to increase rates within December. The Fed will however be persuaded against a move in November by very strong CPI data.…
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Despite the fact that the Feds continue to stress its political independence, the Feds will need to put together a stronger case for a decision to increase rates within December. The Fed will however be persuaded against a move in November by very strong CPI data.…
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Comments made by Richmond Fed President Lacker held implications that the Fed Funds rate should be much higher than it is now. He however said that he was still weighing his options concerning the issue of a September rate increase, further adding that the US economy will need much higher interest rates, unless there is a considerable amount of slowing in job growth.…
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Comments made by Richmond Fed President Lacker held implications that the Fed Funds rate should be much higher than it is now. He however said that he was still weighing his options concerning the issue of a September rate increase, further adding that the US economy will need much higher interest rates, unless there is a considerable amount of slowing in job growth.…
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US inflation data released today showed a slowing in July for the rate of inflation in the US economy, this is a further sign of the favourable price pressures that has weakened the need for an interest rates policy change from the Federal Reserves.…
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US inflation data released today showed a slowing in July for the rate of inflation in the US economy, this is a further sign of the favourable price pressures that has weakened the need for an interest rates policy change from the Federal Reserves.…
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Gold prices reached an almost 1 month high on Tuesday, being positively affected by market anticipations that the Federal Reserve Bank will suppress any near future plans for monetary policy tightening as other central banks continue easing. Gold for December delivery closed at $1,372.60 a troy ounce which is around 1% higher on the Comex side of the New York Mercantile Exchange, since July 6, this is the highest settlement price.…
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Gold prices reached an almost 1 month high on Tuesday, being positively affected by market anticipations that the Federal Reserve Bank will suppress any near future plans for monetary policy tightening as other central banks continue easing. Gold for December delivery closed at $1,372.60 a troy ounce which is around 1% higher on the Comex side of the New York Mercantile Exchange, since July 6, this is the highest settlement price.…
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- The GBP has grown very sensitive to fundamental surprises
- Voting Member challenges rates cut
The GBP closed the week at almost the same value it started with against the USD amidst obvious disappointments in the UK economic data. A tight economic calendar in the following week could well have a profound effect on investor’s sentiment, the coming Bank of England interest rate decision which is due in the next two weeks further compounds the situation.…
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- The GBP has grown very sensitive to fundamental surprises
- Voting Member challenges rates cut
The GBP closed the week at almost the same value it started with against the USD amidst obvious disappointments in the UK economic data. A tight economic calendar in the following week could well have a profound effect on investor’s sentiment, the coming Bank of England interest rate decision which is due in the next two weeks further compounds the situation.…
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