- Wednesday, 03 May 2017
- News
Fed holds interest rates steady, downplays economic weakness
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and downplayed weak first-quarter economic growth while emphasizing the strength of the labor market, in a sign it was still on track for two more rate rises this year. In a bullish statement following the end of a two-day policy meeting, the central bank also said consumer spending continued to be solid, business investment had firmed and inflation has been "running close" to the Fed's target.
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- Tuesday, 02 May 2017
- News
RBA left interest rates unchanged
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. In the following Statement the Bord stated that inflation picked up to above 2 per cent in the March quarter in line with the Bank’s expectations. In underlying terms, inflation is running at around 1¾ per cent, a little higher than last year. A gradual further increase in underlying inflation is expected as the economy strengthens.
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- Thursday, 27 April 2017
- News
Draghi Says Recovery Is Broad While Inflation Fails to Convince
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council continues to expect the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon of the net asset purchases.
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- Tuesday, 04 April 2017
- News
RBA left interest rates unchanged
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Taking account of the available information, the Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time.
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