Bank of China to let Market decide Price of Yuan
A week after the U.S. Treasury Secretary praised China for its currency stabilizing effort the Ban...
China Sells US Treasuries
China, the largest foreign U.S. creditor, reduced its holdings of U.S. government securities last ye...
Bernanke Not Fooled by Recent Unemployment Gains
A survey released Friday by the Philadelphia Federal Reserve indicates a majority of the 45 economis...
ECB, Bank of England Leave Rates Unchanged
Both the Bank of England and the European Central Bank (ECB) opted to leave their respective benchma...
Three Explanations for the ECB position on Greek Debt Restructuring
 Joseph Stiglitz over at The Guardian writes three possible explanations for why the Europe...
Despite “Signs of Improvement” Bernanke Holds Near-Zero Rate Pledge
Speaking before the House Budget Committee in Washington today, Federal Reserve Chairman Ben Bernank...
Fed’s Near-Zero Interest Rate Policy a Failure?
The world’s largest central banks continue to follow a low interest rate policy fir...
A “Dovish” FOMC
The "Exceptional" language was maintained by the FOMC after keeping rates on hold. A dovish meeting ...
Interest Rate Outlook for 2012
Currency traders look to many indicators in an attempt to form a view for future exchange rate movem...
ECB Cuts Interest Rates as Recession Fears Grow
The European Central Bank cut interest rates by a quarter of a point on Thursday to counter the twin...
U.S. Unemployment Rate Falls to 8.6%
The U.S. unemployment rate fell to 8.6 percent in November as the economy added 120,000 jobs to the ...
ECB Surprises and sideswipes market with Rate Cut
The European Central Bank unexpectedly cut interest rates as Italian and Spanish borrowing costs soa...
Papandreou’s Dangerous Game
At first glance it is difficult to understand what could possibly have motivated Greek Prime Ministe...
BoC keeps overnight rates at +1%
Some Key points in the Bank of Canada's one page policy statement: "Considerable Monetary...
Bank of England Struggles With Slow Growth, Rising Inflation
The Bank of England and Governor Mervyn King face a desperate dilemma – allow the e...
BoE increases size of APP
The Bank of England’s Monetary Policy Committee today voted to maintain the officia...
Bernanke Hints at Further Fed Intervention
The odds that the U.S. Federal Reserve will engage in further economic stimulus increased dramatical...
ECB to Take Anti Lending Freeze Measure Next Week
The market expects the ECB to tackle the more immediate lending freeze and leave the major changes...
FED Statement Sept 21
Information received since the Federal Open Market Committee met in August indicates that economic g...
What the Central Banks did this month
Australia:The Reserve Bank of Australia (RBA) kept rates on hold at +4.75% as widely expected. React...