|
|
|
Central Banks Summary
| Central Bank |
Rates |
Next |
Last Change |
| Fed | 0.25% | Jun 20 | -75bp (Dec 16 08) | | ECB | 1.00% | May 3 | -25bp (Dec 8 11) | | BoJ | 0.10% | May 23 | -20bp (Dec 19 08) | | BoE | 0.50% | Jun 7 | -50bp (Mar 5 09) | | SNB | 0.00% | Jun 14 | -25bp (Aug 3 11) | | BoC | 1.00% | Jun 5 | +25bp (Sep 8 10) | | RBA | 3.75% | Jun 5 | -50bp (May 1 12) | | RBNZ | 2.50% | Jun 14 | -50bp (Mar 9 11) |
|
|
Written by Federal Reserve
|
|
Jan 04 11 20:18 GMT |
|
The information reviewed at the December 14 meeting indicated that economic activity was increasing at a moderate rate, but that the unemployment rate remained elevated. The pace of consumer spending picked up in October and November, exports rose rapidly in October, and the recovery in business spending on equipment and software (E&S) appeared to be continuing. In contrast, residential and nonresidential construction activity was still depressed. Manufacturing production registered a solid gain in October. Nonfarm businesses continued to add workers in October and November, and the average workweek moved up. Longer-run inflation expectations were stable, but core inflation continued to trend lower.
|
|
Read more...
|
|
|
Written by Swiss National Bank
|
|
Dec 16 10 08:39 GMT |
|
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. It is leaving the target range for the three-month Libor unchanged at 0.00-0.75%, and intends to keep the Libor within the lower part of the target range at around 0.25%.
|
|
Read more...
|
|
Written by Federal Reserve
|
|
Dec 14 10 19:15 GMT |
|
Information received since the Federal Open Market Committee met in November confirms that the economic recovery is continuing, though at a rate that has been insufficient to bring down unemployment. Household spending is increasing at a moderate pace, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software is rising, though less rapidly than earlier in the year, while investment in nonresidential structures continues to be weak. Employers remain reluctant to add to payrolls. The housing sector continues to be depressed. Longer-term inflation expectations have remained stable, but measures of underlying inflation have continued to trend downward.
|
|
Read more...
|
|
Written by Reserve Bank of New Zealand
|
|
Dec 08 10 20:07 GMT |
|
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent. Reserve Bank Governor Alan Bollard said: "Interest rates are now projected to rise to a more limited extent over the next two years than signalled in the September Statement.
|
|
Read more...
|
|
Written by Bank of Canada
|
|
Dec 07 10 14:03 GMT |
|
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
The global economic recovery is proceeding largely as expected, although risks have increased. As anticipated, private domestic demand in the United States is picking up slowly, while growth in emerging-market economies has begun to ease to a more sustainable, but still robust, pace. In Europe, recent data have been consistent with a modest recovery. At the same time, there is an increased risk that sovereign debt concerns in several countries could trigger renewed strains in global financial markets.
|
|
Read more...
|
|
Written by Reserve Bank of Australia
|
|
Dec 07 10 06:17 GMT |
|
Since the previous Board meeting, concerns about the creditworthiness of a number of European governments have again become the main focus of financial markets, with a marked rise in sovereign bond spreads for some euro-area countries and an increase in volatility. At the same time, recent data suggest that the Chinese and Indian economies have continued to grow strongly and price pressures, particularly for food, have picked up in China as well as a number of other economies in Asia. Modest growth is continuing in the United States.
|
|
Read more...
|
|
Written by European Central Bank
|
|
Dec 02 10 13:56 GMT |
|
Based on its regular economic and monetary analyses, the Governing Council confirmed that the current key ECB interest rates are appropriate. It therefore decided to leave them unchanged. Taking into account all the new information and analyses which have become available since our meeting on 4 November 2010, we continue to expect price developments to remain moderate over the policy-relevant medium-term horizon. Recent economic data are consistent with a positive underlying momentum of the recovery, while uncertainty is elevated. Our monetary analysis confirms that inflationary pressures over the medium term remain contained. We expect price stability to be maintained over the medium term, thereby supporting the purchasing power of euro area households. Inflation expectations are firmly anchored in line with our aim of keeping inflation rates below, but close to, 2% over the medium term. The firm anchoring of inflation expectations is of the essence.
|
|
Read more...
|
|
Written by Federal Reserve
|
|
Dec 01 10 19:21 GMT |
|
Reports from the twelve Federal Reserve Districts indicate that the economy continued to improve, on balance, during the reporting period from early/mid-October to mid-November. Economic activity in the Boston, Cleveland, Atlanta, Dallas, and San Francisco Districts increased at a slight to modest pace, while a somewhat stronger pace of economic activity was seen in New York, Richmond, Chicago, Minneapolis, and Kansas City. Philadelphia and St. Louis reported business conditions as mixed.
|
|
Read more...
|
|
Written by Federal Reserve
|
|
Nov 23 10 19:12 GMT |
|
The meeting opened with a short discussion regarding communicating with the public about monetary policy deliberations and decisions. Meeting participants supported a review of the Committee's communication guidelines with the aim of ensuring that the public is well informed about monetary policy issues while preserving the necessary confidentiality of policy discussions until their scheduled release. Governor Yellen agreed to chair a subcommittee to conduct such a review.
|
|
Read more...
|
|
Written by European Central Bank
|
|
Nov 04 10 13:45 GMT |
|
Based on its regular economic and monetary analyses, the Governing Council continues to view the current key ECB interest rates as appropriate. It therefore decided to leave them unchanged. Taking into account all the new information and analyses which have become available since our meeting on 7 October 2010, we continue to expect price developments to remain moderate over the policy-relevant medium-term horizon. Recent economic data are consistent with our assessment that the underlying momentum of the recovery remains positive. At the same time, uncertainty is prevailing. Our monetary analysis confirms that inflationary pressures over the medium term remain contained. We expect price stability to be maintained over the medium term, thereby supporting the purchasing power of euro area households. Inflation expectations remain firmly anchored in line with our aim of keeping inflation rates below, but close to, 2% over the medium term. The firm anchoring of inflation expectations remains of the essence.
|
|
Read more...
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 10 of 52 |
|
Forex Brokers
|
|
