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...
BoC Statement
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per...
SNB Pledges Unlimited Currency Purchases
The Swiss central bank imposed a ceiling on the franc’s exchange rate for the first...
Negative 2nd Quarter Triggers Canadian Recession Fears
Wednesday’s release by Statistics Canada revealed that for the three months ending ...
Bernanke Challenges Congress to Make “Difficult Choices”
Federal Reserve Chairman Ben Bernanke used this years Economic Symposium to challenge Fed policymake...
Yen Falls as Officials Pledge Action on Currency
In response to a record high of 75.95 yen to the dollar, Japan’s Finance Minister Y...
Bank of Canada Statement Highlights
Realization of several downside risks indentified in the Bank’s July Monetary Polic...
Fed Lowers U.S. Outlook; Pledges Low Interest Rate to Continue
After three days of wide-spread losses the Federal Reserve was left with little choice but to take t...