Bank of England lowers interest rate to 0.25 pct and expands QE
Aug 04, 2016 13:23 pm UTC| Commentary Central Banks
The Bank of England has lowered the interest rate to record low on Thursday, the first rate cut since 2009. The Monetary Policy Committee members unanimously decided to cut the Bank Rate to 0.25 percent from 0.50 percent....
Czech National Bank keeps interest rates on hold
Aug 04, 2016 12:27 pm UTC| Commentary Central Banks
The Czech National Banks Board kept the interest rates on hold today during its meeting. The central bank kept the repo rate at 0.05 percent, the discount rate at 0.05 percent and the Lombard rate at 0.25 percent. The...
Bank of England announces aggressive monetary and quantitative easing steps
Aug 04, 2016 12:23 pm UTC| Insights & Views Central Banks Commentary
Bank of England Monetary Policy Committee voted unanimously to cut interest rates by 25 basis points to a new record low of 0.25 percent as widely expected by the markets. This was the central banks first cut since 2009....
Bank of England eases policy with prudence and surprise
Aug 04, 2016 11:20 am UTC| Commentary Central Banks
The Bank of England (BoE) successfully handled the demand for easing and was successful in surprising the market, even if by a little. In addition to that it has taken up other measures, which are prudent and will ease the...
ECB warns of uncertain global outlook in its economic bulletin
Aug 04, 2016 10:55 am UTC| Commentary Central Banks
According to the monthly economic bulletin released by the European Central Bank, incoming data for the second quarter point to subdued global activity and trade. Also, risks to outlook for global activity and EMs in...
Bank of England to boost confidence; not to surprise the markets
Aug 04, 2016 10:27 am UTC| Commentary Central Banks
The Bank of England (BoE) is set to deliver its much awaited August policy decision today at 11:00 GMT and it is widely expected that the bank will talkesome actions in response to UK referendum that resulted in majority...
Bundesbank chief Jens Weidmann warns of upside risks to interest rates
Aug 04, 2016 08:07 am UTC| Commentary Central Banks
European Central Banks (ECB) most hawkish and one of the most respected and reputed central bankers, Bundesbank chief Jens Weidmann has warned against thesharp reversal in global interest rates and warned that they could...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects