interest rates

The Reserve Bank of New Zealand's monetary policy meeting yesterday saw the central bank keeping the overnight cash rate (OCR) unchanged at 1.75% as widely expected. The central bank noted that economic developments since the February…
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Brushing aside the disappointment of March, the US economy was seen adding 211,000 jobs in the month of April beating consensus estimates by a strong margin. Data from the Bureau of Labor Statistics showed that the unemployment rate in the…
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Preliminary data from Eurostat released earlier this week showed that the pace of economic output expanded 0.5% on a quarterly basis in the three months ending March 2017, beating estimates of 0.4%. The flash estimates confirmed the…
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The US Federal Reserve Bank's two-day FOMC meeting concluded yesterday with the central bank releasing a statement on the monetary policy. There were no changes to the Fed's short-term Fed funds rate which remain in the range of 0.75% -…
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The preliminary estimates for the first quarter's gross domestic product (GDP) for the U.S. will be published today by the Department of Commerce. Economists polled have forecasted that the pace of economic activity in the three months…
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Bank of Japan April Meeting Summary: Interest rates left unchanged at -0.10% QQE purchases unchanged at 80 trillion yen 2017 – 2018 GDP forecasts increased from 1.5% to 1.6% 2017 – 2018 (core) inflation forecasts reduced…
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While the U.S. economic calendar last week was relatively light, the Federal Reserve members spoke at length over the week which stood out. Many members have maintained the view that the markets can expect another two rate hikes from the…
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Consumer prices in the eurozone which were seen making a lot of noise in the first few months of the year were seen pulling back after consumer prices touched 2% in February. Data released by Eurostat last week showed that consumer price…
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The week ahead is marked by a fresh trading week for the markets and with it comes a fresh set of economic data. Standing out among a host of economic releases will be the Fed's FOMC meeting minutes from the March meeting and the payrolls…
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The Reserve Bank of New Zealand, at its latest monetary policy meeting overnight maintained the official cash rate (OCR) at 1.75% for the fourth consecutive month. The decision to leave interest rates unchanged was widely expected and…
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