In a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% with a unanimous vote. The asset purchase facility remained steady at €435 billion as well. With the initial market reaction, the British pound weakened modestly and the GBP/USD pair was last seen trading at 1.2450, losing 0.15% on the day. Below are some key takeaways from the monetary policy statement, per Reuters. "Uk GDP growth of +0.2% in Q3 2019 (August Q3 forecast +0.3%)." "Staff forecast inflation will stay under 2% target for rest of 2019, due largely to base...

Read more

RECENT NEWS

Federal Reserve Chairman Jerome Powell on Wednesday used a softer tone to describe where interest-rate policy presently is, in what could be construed as implying fewer interest rate hikes to come. œInterest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy--that is, neither speeding up nor...

European Central Bank President Mario Draghi on Friday reaffirmed plans to dial back stimulus at the end of the year but also voiced caution about the growth outlook, warning that the pick up in inflation may be slower than earlier expected. 'If firms start to become more uncertain about the growth and inflation outlook, the squeeze on margins could prove more persistent,' Draghi told a banking...

Federal Reserve Chairman Jerome Powell on Wednesday night used a conversation with the president of the Dallas Fed to communicate optimism about the U.S. economy even as he acknowledged potential headwinds, particularly from abroad. Powell was answering questions posed to him by Dallas Fed President Rob Kaplan, as well as from the audience. With near-universal expectations of another...

The Federal Reserve on Thursday held interest rates steady while signaling that it will stay the course and move rates up at a gradual pace in coming months. As expected, the Fed kept its benchmark target for rates unchanged in a 2% to 2.25% range. The central bankers left the core of its September statement unchanged. œThe Committee expects further gradual increases in the target range for...

RBA Keeps Interest Rates on Hold

Tuesday, 6 November 2018 10:52 WIB

The Reserve Bank of Australia has left the official interest rate unchanged for the 27th consecutive month. The record low overnight cash rate of 1.5 per cent was not expected to be adjusted by RBA governor Philip Lowe at Tuesday's monetary policy board meeting. The central bank has held interest rates steady at at 1.5 per cent since cutting the country's cash rate by 25 basis points in August...

FISCAL
No-Deal Brexit Riskiest For Financial Stability: BoE's Carney
Monday, 25 February 2019 18:17 WIB Bank of England Governor Mark Carney said on Monday that the possibility of Britain leaving the European Union next month without a transition deal...
MONETARY
BOJ Maintains Key Interest Rates and Forward Guidance
Tuesday, 30 July 2019 10:06 WIB Bank of Japan maintains 10-year JGB yield target at about zero percent after ending a two-day meeting on Tuesday. Keeps policy balance rate at...

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.