The yen plunges to 34-year low despite interest rate hike
Apr 17, 2024 09:46 am UTC| Insights & Views Economy Central Banks
The Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from 0.1% to a band from zero to 0.1% a token effort...
FxWirePro- Central Bank Bonanza
Dec 11, 2023 02:47 am UTC| Central Banks
Dec 13th, 2023, FOMC statement (7:00 pm GMT) Dec 14th, 2023, SNB monetary policy (8:30 am GMT) ECB monetary policy statement (1:15 pm GMT) BOE Monetary policy (12:00 pm GMT) FOMC- The...
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely
Dec 06, 2023 07:57 am UTC| Economy Central Banks
If youre looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesdays board meeting, saying: the latest monthly...
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now?
Nov 28, 2023 23:14 pm UTC| Insights & Views Central Banks Economy
Pay close enough attention to parliament these next few days, and youre likely to witness something truly remarkable: politicians from both sides of politics uniting to remove the power of politicians to overrule the...
Why it's a good bet the RBA's Melbourne Cup Day interest rate hike will be the last
Nov 08, 2023 12:06 pm UTC| Economy Central Banks
Australia just became become the odd one out. At its meeting last week, the US Federal Reserve kept its official interest rate on hold. A week earlier, the European Central Bank and the Bank of Canada kept their rates...
Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it
Nov 01, 2023 07:11 am UTC| Economy Central Banks
Each of Australias big four banks is now predicting a rate rise in six days time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total...
If central banks don't start cutting them soon, it could actually increase inflation
Nov 01, 2023 07:03 am UTC| Economy Central Banks
What next for interest rates? The Bank of Englands Monetary Policy Committee (MPC) is widely expected to leave them unchanged when it meets on November 2, despite the fact that UK headline inflation is still at 6.7%. If...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects