Latest Central banks Stories
TORONTO, Aug. 28, 2014 /CNW/ - The C.D.
TORONTO, July 10, 2014 /CNW/ - The C.D.
HELLERUP, Denmark, April 14, 2011 /PRNewswire/ -- Saxo Bank, the online trading and investment specialist, today released its second quarter Outlook, a short analysis examining the global economic outlook for the forthcoming quarter. Economic growth has been strong across the board for the most part this year, but that is not an all-clear for loading up in risky assets.
NEW YORK, Oct.
The Bank of England said Thursday it would maintain its bank-to-bank lending rate at 0.5 percent and continue with a $291 billion program of asset purchases. The BOE lowered its lending rate to its current, historic low in March to add liquidity to the financial system.
The European Central Bank left its overnight bank-to-bank lending rate unchanged Thursday citing an uneven economic recovery. In a news conference, bank President Jean-Claude Trichet said inflation in the euro at minus 0.2 percent in August, was expected to turn positive within the coming months.
The European Central Bank said Thursday it would keep its key lending rates unchanged. The bank-to-bank lending rate was trimmed to 1 percent in May following a series of reductions to meet the downturn in the economy. Bank President Jean-Claude Trichet was scheduled to explain the bank's actions later
The European Central Bank left its key lending rate unchanged at 1 percent Thursday, a move anticipated by many economists. In a prepared statement, bank President Jean-Claude Trichet said policymakers at the bank expected inflation to remain dampened over the policy-relevant horizon.
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