Latest Monetary policy Stories
TORONTO, April 12, 2012 /PRNewswire/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on April 17, 2012. While most members in the group felt that strength in domestic demand and growing household debt warranted increases in the overnight rate over time, the MPC's...
TORONTO, March 6, 2012 /PRNewswire/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on March 8, 2012. Tension between concerns about inflation running above target domestically and fear of adverse events abroad led the group, on balance, to recommend that the...
NEW BERLIN, Wis., Feb. 21, 2012 /PRNewswire/ -- International Monetary Systems Ltd. (OTCBB:ITNM) announced that the company has retained DME Capital LLC, a New York-based Investor Relations firm, to expand the Company's strategic investor relations program. John Strabley, CEO of International Monetary Systems Ltd. stated, "As we continue to grow and diversify our interests, I believe this is the right time to send our message to the investment community. After careful consideration,...
NEW BERLIN, Wis., Feb. 8, 2012 /PRNewswire/ -- International Monetary Systems, Ltd. (OTCBB: ITNM), a worldwide leader in business-to-business barter services, today announced that it will be presenting at the 2012 World Money Show in Orlando, Florida on February 9th, 10th and 11th. Hosted at the fabulous Gaylord Palms Resort, the show has been billed as "the most important investor gathering in 2012." The event will be a one-stop resource for the most comprehensive education,...
While the price of oil has risen in recent years, it has not affected the price of goods as much as in the past, according to research by two Kansas State University economists. More than that, the prices of many goods -- such as clothing or vacations -- are actually deflating instead of inflating because of improved technology and reduced energy costs. Lance Bachmeier, associate professor of economics, and Inkyung Cha, adjunct professor of economics, discuss oil shocks and inflation in...
CHICAGO, Oct. 12, 2011 /PRNewswire/ -- In the October issue of Themes on the Economy®, Chief Economist Diane Swonk takes a look at whether the U.S. has fallen into a liquidity trap, much as Japan did during the 1990s. Historically, the only way to combat a liquidity trap was to expand government spending, to compensate for reluctant private investment. Given new research and the reality that Washington is not in a spending mood, Swonk explains what tools the Federal Reserve could use...
SAN DIEGO, Sept. 30, 2011 /PRNewswire/ -- On Friday, Federal Reserve Bank of St. Louis President James Bullard delivered remarks titled "U.S. Monetary Policy at Another Crossroads" at the 2011 "Dealmakers of the Year" Business Breakfast, hosted by Point Loma Nazarene University's Fermanian Business & Economic Institute. Bullard talked about the weaker-than-expected recovery, noting that U.S. economic growth is sluggish and that the Federal Open Market Committee (FOMC) has warned about...
LONDON, September 16, 2011 /PRNewswire/ -- In January of this year the gold bull market had its 10th birthday. Investors who've had the patience and fortitude to hold gold since 18 January 2001 when it made its low of $257 have been richly rewarded since today the yellow metal trades at $1,784 an ounce. A 7 fold move in a little over a decade certainly isn't bad but given that this bull market shows no sign of stopping, the question is: How High Will Gold Go? In...
LONDON, August 18, 2011 /PRNewswire/ -- Gold's strong start to the year was reinforced during the second quarter of 2011 where total global gold demand measured 919.8 tonnes (t), worth a near-record US$44.5bn, with broad-based support across all sectors and geographies. Standout markets were India and China, as these two markets accounted for 52% of total bar and coin investment and 55% of global jewellery demand, the World Gold Council announced today. According to the...
European debt crisis and faltering U.S. economy paint bleak picture for second half of 2011, with commodity-based economies in Australia and Canada faring strongest. New York, NY (PRWEB) July 19, 2011 With the exception of strong commodity currencies in Canada and Australia, the outlook for most major currencies in the third quarter of 2011 is bleak. Continued low interest rates, declining consumer confidence, and a poor employment outlook will mean a rocky ride for the U.S. dollar in...
