Monetary Policy
Bank of England holds rates steady at a record low
Bank of England kept interest rates at a record low which gave more time for recovery to the British economy. Bank of England kept interest rates at a record low on Thursday. That is positive for Britain’s economy, even though this time the decision was preceded by differing opinions of voting members.The Policy Committee of the BoE kept the rate More...
RBA maintains record low interest rate to boost jobs and achieve economy rebalancing
The Reserve Bank of Australia continues to maintain a record low interest rate in its attempt to rebalance the economy towards industries including residential building. The Reserve Bank of Australia not only maintained More...
ECB’s Mario Draghi taught Kuroda a lesson on crisis management
A former Soros adviser argues that quantitative easing is a big mistake and sees negative interest rates as the key to the BOJ success against deflation. Haruhiko Kuroda, Bank of Japan’s governor, may find the More...
The Fed: economic growth is accelerating, but labor market conditions have not yet return to normal
The Federal Reserve expressed satisfaction with inflation approaching their target, but repeated their position that not all prerequisites for an interest rate hike are present. The US Federal Reserve confirmed More...
Interpreting Mario Draghi’s Latest Message: the TLTRO
If you believe rates will rise before 2018, take advantage of the liquidity offered in the 2014 TLTROs, Draghi says to lenders. On its last meeting, the European Central Bank has offered financial institutions More...
