monetary policy

The Swiss National Bank left the interest rates on sight deposits and the 3-month LIBOR rates unchanged last Thursday. The central bank renewed its commitment to intervene in the forex markets if needed, noting that the Swiss franc was…
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The week looks rather slow as far as economic data is concerned. The only exception being the RBNZ's meeting this week and the Bank of Mexico interest rate decision. On the political side of things, the EU and the UK will kick off Brexit…
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Summary: BoJ meeting largely a non-event. No major policy changes Interest rates remain at -0.10% BoJ’s QQE remains at 80 trillion yen BoJ upgrades GDP growth by 0.1 percentage point BoJ maintains subdued inflation rate…
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FOMC Meeting Minutes – What you should know The US Federal Reserve released the meeting minutes from the May 2nd – 3rd monetary policy meeting where interest rates were left unchanged Fed officials were rather mixed but the…
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Riksbank Governor Stefan Ingves and Øystein Olsen, Governor of the Central Bank of Norway. Image: Nils S. Aasheim/Norges Bank Summary: Riksbank proposes switching from targeting Consumer Price Index (CPI) to Consumer Price Index…
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Image via Bank of England Summary: BoE keeps interest rates unchanged at 0.25%, with a 7 -1 vote BoE keeps asset purchases steady at £435 billion Inflation expected to overshoot BoE’s inflation target well into 2018 2017…
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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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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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