Bank of England Struggles With Slow Growth, Rising Inflation
The Bank of England and Governor Mervyn King face a desperate dilemma – allow the e...
BoE increases size of APP
The Bank of England’s Monetary Policy Committee today voted to maintain the officia...
Bernanke Hints at Further Fed Intervention
The odds that the U.S. Federal Reserve will engage in further economic stimulus increased dramatical...
ECB to Take Anti Lending Freeze Measure Next Week
The market expects the ECB to tackle the more immediate lending freeze and leave the major changes...
FED Statement Sept 21
Information received since the Federal Open Market Committee met in August indicates that economic g...
What the Central Banks did this month
Australia:The Reserve Bank of Australia (RBA) kept rates on hold at +4.75% as widely expected. React...
BoC Statement
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per...
SNB Pledges Unlimited Currency Purchases
The Swiss central bank imposed a ceiling on the franc’s exchange rate for the first...
Negative 2nd Quarter Triggers Canadian Recession Fears
Wednesday’s release by Statistics Canada revealed that for the three months ending ...
Bernanke Challenges Congress to Make “Difficult Choices”
Federal Reserve Chairman Ben Bernanke used this years Economic Symposium to challenge Fed policymake...
Yen Falls as Officials Pledge Action on Currency
In response to a record high of 75.95 yen to the dollar, Japan’s Finance Minister Y...
Bank of Canada Statement Highlights
Realization of several downside risks indentified in the Bank’s July Monetary Polic...
Fed Lowers U.S. Outlook; Pledges Low Interest Rate to Continue
After three days of wide-spread losses the Federal Reserve was left with little choice but to take t...
Trichet’s Communiqué
1. ECB is to reactivate two of it’s most potent anti-crisis measures: a....
Swiss Franc the New Reserve Currency?
In times of uncertainty, nervous investors historically tend to gravitate towards the CHF and JPY. T...
What if the U.S. Fails to Reach Debt Limit Deal?
Most analysts believe U.S. lawmakers will ultimately arrive at an agreement to lift the $14.3 trilli...
Dallas Fed Bank President Sees Improvement in Second Half
In an interview published Friday morning, Federal Reserve Bank of Dallas President Richard Fisher sa...
UK Interest Rates Held Steady at 0.5%
Despite inflation climbing to 4.5 percent in April from 4 percent the month before, the Bank of Engl...
Bernanke Downplays Likelihood of QE3
In a speech delivered to conference attendees in Atlanta yesterday, Federal Reserve Chairman Ben Ber...
Bank of Canada Holds Interest Rates at 1%
As expected, the Bank of Canada announced this morning that it was maintaining the current 1 percent...