interest rates

The Reserve bank of New Zealand will be holding its monetary policy meeting this week. The central bank is expected to leave interest rates unchanged. The official cash rate remains at 1.75%. Despite an uptick in recent economic data,…
Read More

The Bank of England held its monetary policy meeting last week on Thursday. As widely expected, the central bank left interest rates unchanged. Officials highlighted the greater risks on the financial markets due to Brexit. The decision…
Read More

The Bank of Canada held its monetary policy meeting last week. As widely expected, the BoC Governor Stephen Poloz kept borrowing costs unchanged. Interest rates were steady as policymakers decide to wait for the outcome of the NAFTA…
Read More

The U.S. Senate confirmed the economist and President Trump's nominee Dr. Richard Clarida as the vice-chairman of the U.S. Federal Reserve. Dr. Clarida is a strategic adviser for Pimco since 2006, the bond fund manager, and a Columbia…
Read More

The markets open to a busy trading week which marks the first week of September and the final month for the third quarter. Investors will be closely scrutinizing the economic data which is dominated by many economic releases from the United…
Read More

Summary: Officials confident that the U.S. economic growth will remain strong Members cite concerns due to the impact of trade tariffs on the U.S. economy Higher tariffs could result in increased cost of input prices, officials…
Read More

The Australian central bank released its meeting minutes last week. As widely expected, the minutes did not reveal any new information for the market participants. The Reserve Bank of Australia reiterated that it had no plans to adjust…
Read More

The U.S. Federal Reserve held its two-day monetary policy meeting last week which concluded on Wednesday. The central bank left interest rates unchanged as widely expected but said that the U.S. economy was "strong" maintaining the course…
Read More

The latest quarterly statistics on the employment front for New Zealand showed that the nation's jobless rate inched higher. Meanwhile, dull wage growth remained but pressures from strikes across the different sectors are expected to boost…
Read More

The Bank of England (BoE) held its monetary policy meeting last week on Thursday. As widely expected, the central bank raised the key lending rate by 25 basis points to 0.75%. This was the second interest rate hike since November 2017.…
Read More