Bank of Japan held interest rates steady
As widely expected, the Bank of Japan held interest rates steady, though the move showed a long-awaited exit from loose monetary policy may be a ways off yet. It kept short-term rates at -0.1% with […]
Interest Rates
Germany renews call for higher interest rate
German Deputy Finance Minister Jens Spahn has repeated the country’s call to the European Central Bank for a stronger euro and a rise in interest rates. The US has claimed that Germany is keeping the […]
Reserve Bank of Australia kept interest rates steady at record low 1.5%
The Reserve Bank of Australia kept interest rates steady at record low 1.5% today and appeared to signal they would remain on hold for a while. “There is no longer an expectation of further monetary […]
The Reserve Bank of India surprised markets by keeping its borrowing costs on hold
The Reserve Bank of India surprised markets today by keeping its borrowing costs on hold for a second meeting in a row. The RBI also changed its stance to “neutral” from “accommodative,” saying it would […]
BoJ struggles to manage yield curve
A summary of the latest meeting of the Bank of Japan shows board members are having difficulty managing the yield curve for government bonds because of global economic uncertainty. The bank’s Market Operations Desk needs […]
US rate hike shakes up Chinese economy
When the Federal Reserve announced its rate hike this week, the news sent Chinese bond futures, the value of the yuan and mainland stock markets falling. A strengthening US currency and higher dollar-denominated interest rates […]
BoE holds interest rates steady at 0.25%
The Bank of England’s Monetary Policy Committee has opted to keep interest rates pegged at 0.25% and continue its quantitative-easing scheme. However, the central bank warned of a possible inflation rise and slower wage growth […]
Fed raises key rate, signals more boosts ahead
The Federal Reserve has increased its benchmark interest rate to between 0.5% and 0.75% and has forecast a faster clip of increases next year. The move is seen as a response to President-elect Donald Trump’s […]
Fed’s rate outlook jolts bond market
The Federal Reserve’s forecast of three interest-rate increases in 2017 has surprised bond traders and has driven up the yield on the two-year Treasury. The US dollar jumped Thursday to the highest level against the […]
ECB expected to continue supporting EU recovery
The eurozone still relies on European Central Bank stimulus for its recovery, central bank officials say. A likely increase in interest rates and inflation in the US will put even more pressure on a still […]