Collection of the latest speeches and publications from the world major central banks. Available in ActionForex.com http://www.actionforex.com Sun, 21 Mar 2010 02:43:17 +0100 FeedCreator 1.7.2 http://www.actionforex.com/images/M_images/aflogo.jpg http://www.actionforex.com Collection of the latest speeches and publications from the world major central banks. Available in ActionForex.com http://www.actionforex.com/fundamental-analysis/boj/%28boj%29-statement-on-monetary-policy,-march-17,-2010-20100317109002/ At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous vote,1 to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will encourage the uncollateralized overnight call rate to remain at around 0.1 percent. Wed, 17 Mar 2010 01:06:23 +0100 http://www.actionforex.com/fundamental-analysis/fed/%28fed%29-fomc-statement-march-16,-2010-20100316108975/ Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending is expanding at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business... Tue, 16 Mar 2010 13:19:21 +0100 http://www.actionforex.com/fundamental-analysis/snb/%28snb%29-monetary-policy-assessment-of-11-march-2010-20100311108617/ The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Consequently, it is leaving the target range for the three-month Libor unchanged at 0.00–0.75% and intending to keep the Libor within the lower part of the target range at around 0.25%. It will act decisively to prevent an excessive... Thu, 11 Mar 2010 07:07:44 +0100 http://www.actionforex.com/fundamental-analysis/rbnz/%28rbnz%29-ocr-unchanged-at-2.5-percent-20100310108538/ The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: “The New Zealand economy is recovering broadly as expected and growth is predicted to pick-up further through 2010. “Trading partner activity has recovered a little faster than expected. Currently, growth... Wed, 10 Mar 2010 14:08:30 +0100 http://www.actionforex.com/fundamental-analysis/ecb/%28ecb%29-press-conference-introductory-statement,-4-march-2010-20100304108080/ Based on its regular economic and monetary analyses, the Governing Council decided to leave the key ECB interest rates unchanged. The current rates remain appropriate. Taking into account all the information and analyses that have become available since our meeting on 4 February 2010, price developments are expected to remain... Thu, 04 Mar 2010 07:49:27 +0100 http://www.actionforex.com/fundamental-analysis/fed/%28fed%29-the-beige-book,-march-3,-2010-20100303108002/ Reports from the twelve Federal Reserve Districts indicated that economic conditions continued to expand since the last report, although severe snowstorms in early February held back activity in several Districts. Nine Districts reported that economic activity improved, but in most cases the increases were modest. Overall conditions were described as... Wed, 03 Mar 2010 13:08:07 +0100 http://www.actionforex.com/fundamental-analysis/boc/%28boc%29-bank-of-canada-maintains-overnight-rate-target-at-1%104-per-cent-20100302107869/ The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. The ongoing global economic recovery is being driven largely by strong domestic demand... Tue, 02 Mar 2010 08:03:43 +0100 http://www.actionforex.com/fundamental-analysis/rba/%28rba%29-monetary-policy-statement-by-glenn-stevens,-governor-%11-2-march,-2010-20100301107803/ At its meeting today, the Board decided to raise the cash rate by 25 basis points to 4.0 per cent, effective 3 March 2010. The global economy is growing, and world GDP is expected to rise at close to trend pace in 2010 and 2011. The expansion is still hesitant... Mon, 01 Mar 2010 22:09:17 +0100 http://www.actionforex.com/fundamental-analysis/fed/%28fed%29-ben-s.-bernanke-%11-semiannual-monetary-policy-report-to-the-congress-20100224107440/ Although the recession officially began more than two years ago, U.S. economic activity contracted particularly sharply following the intensification of the global financial crisis in the fall of 2008. Concerted efforts by the Federal Reserve, the Treasury Department, and other U.S. authorities to stabilize the financial system, together with highly... Wed, 24 Feb 2010 09:04:01 +0100 http://www.actionforex.com/fundamental-analysis/fed/%28fed%29-minutes-of-the-federal-open-market-committee,-january-26%1127,-2010-20100217106930/ The Manager of the System Open Market Account reported on developments in domestic and foreign financial markets during the period since the Committee met on December 15-16, 2009. Financial market conditions remained supportive of economic growth, though volatility in securities markets increased notably toward the end of the intermeeting period.... Wed, 17 Feb 2010 13:07:56 +0100 http://www.actionforex.com/fundamental-analysis/boe/%28boe%29-minutes-of-monetary-policy-committee-meeting-on-4-and-5-february-2010-20100217106886/ Weaker-than-expected macroeconomic data, including the preliminary release of UK GDP for the fourth quarter of 2009, had contributed to a decline in near-term sterling interest rate expectations over the month. Overnight index swap (OIS) rates twelve months ahead had fallen by around 25 basis points since the previous MPC meeting,... Wed, 17 Feb 2010 03:54:03 +0100 http://www.actionforex.com/fundamental-analysis/fed/%28fed%29-ben-s.-bernanke-%11-federal-reserve%27s-exit-strategy-20100210106482/ Broadly speaking, the Federal Reserve's response to the crisis and the recession can be divided into two parts. First, our financial system during the past 2-1/2 years has experienced periods of intense panic and dysfunction, during which private short-term funding became difficult or impossible to obtain for many borrowers. The... Wed, 10 Feb 2010 10:43:26 +0100 http://www.actionforex.com/fundamental-analysis/ecb/%28ecb%29-press-conference-introductory-statement,-4-february-2010-20100204106048/ Based on its regular economic and monetary analyses, the Governing Council decided to leave the key ECB interest rates unchanged. The current rates remain appropriate. Taking into account all the information and analyses that have become available since our meeting on 14 January 2010, price developments are expected to remain... Thu, 04 Feb 2010 08:02:27 +0100 http://www.actionforex.com/fundamental-analysis/boe/%28boe%29-bank-of-england-maintains-bank-rate-at-0.5%25-20100204106044/ The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. Thu, 04 Feb 2010 07:26:23 +0100 http://www.actionforex.com/fundamental-analysis/rba/%28rba%29-monetary-policy-statement-by-glenn-stevens,-governor-%11-2-february,-2010-20100201105779/ At its meeting today, the Board decided to leave the cash rate unchanged at 3.75 per cent. The global economy is growing, and world GDP is expected to rise at close to trend pace in 2010 and 2011. The expansion is still likely to be modest in the major countries,... Mon, 01 Feb 2010 21:44:45 +0100 http://www.actionforex.com/fundamental-analysis/rbnz/%28rbnz%29-ocr-unchanged-at-2.5-percent-20100127105448/ The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: “The outlook for the New Zealand economy remains consistent with the projections underlying the December Monetary Policy Statement. Wed, 27 Jan 2010 14:07:26 +0100 http://www.actionforex.com/fundamental-analysis/fed/%28fed%29-fomc-statement-january-27,-2010-20100127105443/ Information received since the Federal Open Market Committee met in December suggests that economic activity has continued to strengthen and that the deterioration in the labor market is abating. Household spending is expanding at a moderate rate but remains constrained by a weak labor market, modest income growth, lower housing... Wed, 27 Jan 2010 13:18:02 +0100 http://www.actionforex.com/fundamental-analysis/boe/%28boe%29-minutes-of-monetary-policy-committee-meeting-on-6-and-7-january-2010-20100120104899/ Interest rates across the yield curve had risen internationally over the month. Short-term interest rates one year ahead had risen in the United Kingdom, United States, and euro area, offsetting to varying extents the falls that had occurred the month before. Longer-term government bond yields had also risen internationally, with... Wed, 20 Jan 2010 03:42:05 +0100 http://www.actionforex.com/fundamental-analysis/boc/bank-of-canada-maintains-overnight-rate-target-at-1%104-per-cent-20100119104823/ The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. The global economic recovery is under way, supported by continued improvements in financial... Tue, 19 Jan 2010 08:05:12 +0100 http://www.actionforex.com/fundamental-analysis/ecb/%28ecb%29-press-conference-introductory-statement,-14-january-2010-20100114104534/ Based on its regular economic and monetary analyses, the Governing Council decided to leave the key ECB interest rates unchanged. The current rates remain appropriate. Taking into account all the information and analyses that have become available since our meeting on 3 December 2009, price developments are expected to remain... Thu, 14 Jan 2010 09:09:32 +0100