BOE; IN JUNE, AUGUST AND SEPTEMBER THE BANK RATE MAINTAINED AT 0,1%

Published on 17 September 2020 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present is to respond to the economic and financial impact of the Covid-19 pandemic. At itsContinue reading “BOE; IN JUNE, AUGUST AND SEPTEMBER THE BANK RATE MAINTAINED AT 0,1%”

THE FED ANNOUNCED TODAY THAT IT WILL KEEP INTEREST RATES NEAR ZERO FOR YEARS

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have picked upContinue reading “THE FED ANNOUNCED TODAY THAT IT WILL KEEP INTEREST RATES NEAR ZERO FOR YEARS”

THE ECB REMAIN RATES UNCHANGED AT 0.00%, 0.25% AND -0.50%

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) 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 -0.50% respectively. The Governing Council expects the key ECB interest ratesContinue reading “THE ECB REMAIN RATES UNCHANGED AT 0.00%, 0.25% AND -0.50%”

FED ON HOLD

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. Following sharp declines, economic activity and employmentContinue reading “FED ON HOLD”

ECB LEAVES RATES UNCHANGED; WATCH LIVE PRESS CONFERENCE HERE WITH US

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) 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 -0.50% respectively. The Governing Council expects the key ECB interest ratesContinue reading “ECB LEAVES RATES UNCHANGED; WATCH LIVE PRESS CONFERENCE HERE WITH US”