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”

FED LEFT INTEREST RATES UNCHANGED, IT WILL KEEP STIMULANS 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 coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken toContinue reading “FED LEFT INTEREST RATES UNCHANGED, IT WILL KEEP STIMULANS FOR YEARS”

ECB LEAVES KEY RATES UNCHANGED, BUT INCREASED THE PEPP BY €600 BILLION

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion. In response to the pandemic-related downward revision to inflation over the projection horizon, the PEPP expansion will furtherContinue reading “ECB LEAVES KEY RATES UNCHANGED, BUT INCREASED THE PEPP BY €600 BILLION”

ECB LEAVES KEY RATES UNCHANGED, PEPP SIZE STAYS AT €750 BILLION.

At today’s meeting the Governing Council of the ECB took the following monetary policy decisions: (1) The conditions on the targeted longer-term refinancing operations (TLTRO III) have been further eased. Specifically, the Governing Council decided to reduce the interest rate on TLTRO III operations during the period from June 2020 to June 2021 to 50Continue reading “ECB LEAVES KEY RATES UNCHANGED, PEPP SIZE STAYS AT €750 BILLION.”

FOMC; RATES STAYED UNCHANGED IN A RANGE OF 0.00% TO 0.25%

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. The virus and the measures taken toContinue reading “FOMC; RATES STAYED UNCHANGED IN A RANGE OF 0.00% TO 0.25%”