OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Federal Reserve issues FOMC statement
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing…
China Stimulus Boosts Global Rally, US & Canadian…
[caption id="attachment_364780" align="alignleft" width="300"] China Stimulus[/caption] Latest headlines from China provided markets with a trigger for change in directional bias. Fed speech, FOMC meeting minutes, US API weekly stockpile data, Canadian and US inflation data…
Elvira Nabiullina: Review of recent inflation developments in…
Today, the Board of Directors of Bank of Russia has decided to cut the key rate by 25 bp down to 6.25% per annum. We will consider the necessity of further key rate reduction in…
The Bank of Russia cuts the key rate…
On 6 September 2019, the Bank of Russia Board of Directors decided to cut the key rate by 25 bp to 7.00% per annum. Inflation slowdown is continuing. At the same time, inflation expectations remain elevated. The Russian economy’s growth rate is still coming in lower than the…
Official Cash Rate reduced to 1 percent
Tēnā koutou katoa, welcome all. The Official Cash Rate (OCR) is reduced to 1.0 percent. The Monetary Policy Committee agreed that a lower OCR is necessary to continue to meet its employment and inflation objectives.…
Bank Rate maintained at 0.75% – August 2019
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 31 July…
Inflation Targeting and Economic Welfare
It is a great pleasure to address the Anika Foundation lunch for the third time. I would like to start by winding the clock back, not by three years, but instead by 40 years. It was…
Lael Brainard: Perspectives on the economy from Scranton
Thank you to my colleague Pat Harker for the invitation to join him here this evening. In my time at the Federal Reserve, I have found that hearing directly from people around the country about…