monetary policy

The Bank of Canada held its monetary policy meeting last week on Wednesday. The Central Bank kept interest rates unchanged at 1.75% at its meeting. The Central Bank said that the path of monetary policy would depend on assessing the…
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The European Central Bank released its meeting minutes from the December monetary policy meeting last week. The minutes showed that ECB officials were close to giving a downbeat assessment of the economic prospects for the Eurozone. The…
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The European Central Bank released its meeting minutes from the December monetary policy meeting last week. The minutes showed that ECB officials were close to giving a downbeat assessment of the economic prospects for the Eurozone. The…
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Consumer prices in the Eurozone slowed down in December. Although the markets were expecting to see a slowdown, the decline was in the books with inflation rate moving further away from the ECB’s target rate of 2.0%. This was according to…
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The FOMC meeting minutes come out this week on Wednesday. The minutes cover the Fed monetary policy meeting from late December. The central bank hiked interest rates by a quarter point bringing the Fed funds rates from 2.25% to 2.50%.…
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The year 2018 started with a lot of optimism. Investors looked to 2018 with enthusiasm as some of the major economies closed 2017 on a strong note. This came as central bank leaders across the developed economies beat the drum and sang to…
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Economic growth in New Zealand eased to a five-year low sparking concerns that the Reserve Bank of New Zealand could be thinking of a rate cut. The declines came as the manufacturing sector and farming dragged economic growth lower. The…
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The U.S. Federal Reserve concluded its two-day monetary policy meeting last week. As widely expected, the central bank raised the benchmark interest rate by a quarter point. However, the central bank lowered its forecasts on future rate…
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The U.S. Federal Reserve will be holding its last monetary policy meeting this year on Wednesday. The Central Bank is expected to hike interest rates one more time, bringing the Fed funds rate to 2.25% - 2.50%. The Central Bank will also…
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Consumer spending in New Zealand slowed down in the third quarter as retail sales fell more than expected. Official data from Statistics New Zealand showed that retail sales were flat in the three months ending September 2018. The data…
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