Mark Carney threw himself back into the thick of the Brexit debate, saying the chance of the U.K. dropping out of the European Union without a deal is œuncomfortably high. The intervention suggests the Bank of England governor is growing increasingly worried that Prime Minister Theresa May™s government is running out of time to hammer out an agreement that will prevent disruption to business, trade and consumers. In a BBC Radio interview on Friday, he said a disorderly Brexit is œhighly undesirable. The pound weakened as Carney spoke and was down 0.2 percent at...

Read more

RECENT NEWS

The Bank of England on Thursday, as expected, raised its bank rate by 25 basis points, or a quarter of a percentage point, to 0.75%. The nine-member Monetary Policy Committee voted unanimously for the hike. "Since the May Inflation Report, the near-term outlook has evolved broadly in line with the MPC's expectations," the committee said in a statement. "Recent data appear to confirm that the...

The Federal Reserve kept policy steady on Wednesday while signaling it views another rate hike is likely as soon as September. At a two-day meeting that ended Wednesday, the Fed voted unanimously to keep its benchmark federal-funds rate in a range of 1.75% and 2%. In a statement, the Fed noted that job gains and economic activity have been œstrong. Source: marketwatch

Bank of Japan Governor Haruhiko Kuroda pushed through changes to his radical monetary stimulus program as the central bank prepares for a longer struggle to stoke inflation. While keeping unchanged its two major benchmarks -- the negative interest rate and 10-year yield target -- the BOJ took a number of steps to alleviate the strain on banks and the market distortions...

The Bank of Japan maintains its 10-year bond yield target at about zero percent, while saying it would allow more flexibility in bond operations, after its meeting Tuesday. BOJ keeps policy balance rate at -0.100%. None of the economists surveyed from July 17-20 predicted a change in the policy rate. The central bank also downgraded its inflation outlook. Source : Bloomberg

The European Central Bank on Thursday, as expected, left interest rates unchanged and affirmed its plan to end its monthly bond-buying program in December. The ECB's key lending rate remains at 0%, while the rate paid on deposits parked overnight at the central bank remains at negative 0.4%. The ECB also repeated that it plans to keep rates at present levels "at least through the summer of...

FISCAL
Japan's Abe Announces Plans for 2 Trillion Yen Spending Package
Monday, 25 September 2017 15:27 WIB Japanese Prime Minister Shinzo Abe announced on Monday that he would seek to implement a 2 trillion yen ($18 billion) spending package to expand...
MONETARY
BOJ Keeps Policy Unchanged, Downgrades Assessment of Inflation
Friday, 15 June 2018 10:01 WIB The Bank of Japan left monetary policy unchanged even as it downgraded its assessment of inflation, falling further behind its global...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.