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Tuesday, 05 July 2016
News

RBA left interest rates unchanged

Australia’s central bank stood pat on interest rates as it awaits inflation data due later this month to assess its next move. Governor Glenn Stevens left the cash rate at 1.75% on Tuesday, as forecast by every economist surveyed, saying “over the period ahead, further information should allow the board to refine its assessment of the outlook for growth and inflation and to make any adjustment to the stance of policy that may be appropriate.” 
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Thursday, 16 June 2016
News

BoE left interest rates unchanged

Minutes from the Bank of England’s (BoE) policy meeting revealed on Thursday that all nine members of the Monetary Policy Committee (MPC) were in favor of leaving the key interest rate at a record low of 0.5%, while the central bank also warned of further economic damage if the country decided to leave the European Union (EU), known as a Brexit, in the June 23 referendum.The BoE said it was holding the benchmark interest rate at 0.50%, in a widely expected move. The rate has been held at that record-low level since March 2009.
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Wednesday, 15 June 2016
News

Fed left interest rates unchanged

Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers painted a mixed picture of a U.S. economy where growth is picking up while job gains slow. Britain’s June 23 referendum on membership of the European Union was also “one of the uncertainties that we discussed and that factored into today’s decision,” Chair Janet Yellen said after the Federal Open Market Committee voted unanimously to leave rates steady at the end of a two-day meeting on Wednesday in Washington.
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Thursday, 02 June 2016
News

ECB left interest rates unchanged

As it was widely expected ECB left interest rates unchanged at today's meeting in Vienna. ECB left its headline interest rate at record low of zero. The bank held the deposit rate at -0.4% and the marginal lending facility at -0.25% at its monetary policy meeting. The ECB revised its inflation forecast for 2016 up to 0.2% from 0.1% before, but kept its inflation forecasts for 2017 and 2018 at 1.3% and 1.6% respectively. Draghi warned that inflation in the euro area is likely to remain very low, or negative, for some time.
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