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Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
FEDERAL RESERVE SYSTEM |
The Committee expects to maintain an accommodative stance of monetary policy. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
Bank of Canada |
Bank of Canada maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent.
Reserve Bank of Australia |
Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
FEDERAL RESERVE SYSTEM |
The economy is always evolving, and the FOMC's strategy for achieving its goals must adapt to meet the new challenges that arise
Bloomberg |
Metal record-setting rally after this week’s dramatic price swings. Silver climbed the most in more than five years.
Bank of England |
The Bank of England’s (MPC) sets monetary policy to meet the 2% inflation target, and voted unanimously to maintain Bank Rate at 0.1%.
Reserve Bank of Australia |
Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
FEDERAL RESERVE SYSTEM |
FED decided to maintain the target range for the federal funds rate at 0 to 1/4 percent.
TIME USA |
Spot gold surged to $1,944.71 an ounce, beating the previous high set in 2011 by more than $20.
European Central Bank |
The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively.