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Tag Archive: interest rates

  • Bank of England holds rates at 0.5%

    The Monetary Policy Committee (MPC) of the Bank of England has decided to leave the United Kingdom’s interest rate unchanged at the record low of 0.5%. The rate has been kept at its present level for almost four years, after … Read more »

  • ECB keeps eurozone rates unchanged

    The Governing Council of the European Central Bank (ECB) has announced that it has elected not to change the single currency’s interest rate. The eurozone’s rate will remain at 0.75%, as was generally expected. The decison to leave the rate … Read more »

  • New Zealand keeps OCR at 2.5%

    The Reserve Bank of New Zealand has announced that the Official Cash Rate (OCR) is to remain unchanged at 2.5%. Governor Graeme Wheeler said that economic growth had slowed in recent months, at the same time as unemployment rose and … Read more »

  • Bank of England keeps rates at 0.5%

    The Monetary Policy Committee (MPC) of the Bank of England has decided to leave the United Kingdom’s interest rate unchanged at 0.5%. The MPC has also elected to leave unchanged the scale of the quantitative easing (QE) asset purchase programme … Read more »

  • Australia cuts rates to 3%

    The Reserve Bank of Australia has announced that it is cutting the nation’s interest rate by 25 basis points to 3%. In a statement, Governor Glenn Stevens forecast that global growth would be slightly below average for a time, with … Read more »

  • Bank of Japan keeps rates unchanged

    The Policy Board of the Bank of Japan has decided to leave the country’s interest rate unchanged at between 0% and 0.1%. The decision, which was made unanimously, comes as overseas economies remain in a deceleration phase and whilst Japan’s … Read more »

  • Japan keeps rates unchanged

    The Policy Board of the Bank of Japan has announced that it is to leave the nation’s interest rate unchanged at between 0% and 0.1%. The Bank of Japan stated that the nation’s economic activity is more or less levelling … Read more »

  • ECB leaves eurozone rates unchanged

    The Governing Council of the European Central Bank (ECB) has announced that the eurozone’s interest rate will remain unchanged at 0.75%. The decision follows that of the Bank of England which also left the United Kingdom’s interest rate unchanged at … Read more »

  • Bank of England keeps rates unchanged

    The Monetary Policy Committee (MPC) of the Bank of England has announced that the United Kingdom’s interest rate is to remain unchanged from its record low of 0.5%. In addition, the MPC has decided not to change the scale of … Read more »

  • Australia cuts rates to 3.25%

    The Reserve Bank of Australia has decided to decrease the nation’s interest rate by 25 basis points, cutting it to 3.25%. In a statement Governor Glenn Stevens explained that estimates of global GDP had declined in recent months, as the … Read more »

  • New Zealand’s OCR stays at 2.5%

    The Reserve Bank of New Zealand has left the nation’s official cash rate (OCR) unchanged at 2.5%. Governor Alan Bollard stated that New Zealand’s trading partner outlook remained weak, with slower growth in China and numerous European nations in recession. … Read more »

  • ECB keeps rates unchanged and unveils OMT plan

    The Governing Council of the European Central Bank (ECB) has decided to leave the single currency’s interest rate at its record low of 0.75%. The decision follows that of the Bank of England to keep the British rate unchanged at … Read more »

  • Australia leave rates on 3.5%

    The Reserve Bank of Australia has decided to leave the nation’s interest rate unchanged from 3.5%. Governor Glenn Stevens said in a statement that the global economy would grow by no more than average in 2012, and that growth in … Read more »

  • MPC keeps UK rates at 0.5%

    The Monetary Policy Committee (MPC) of the Bank of England announced today that it is keeping the United Kingdom’s interest rate unchanged from its record low of 0.5%. The MPC has also decided to leave unchanged the scale of the … Read more »

  • Japanese rates remain unchanged

    The Policy Board of the Bank of Japan has announced that it is leaving the nation’s rate of interest unchanged, at between 0% and 0.1%. In a statement the Bank observed that there was still some nervousness in the global … Read more »

  • Australia keeps interest rates unchanged

    The Reserve Bank of Australia has announced that it is leaving interest rates unchanged at 3.5%. In a statement Governor Glenn Stevens said that growth in the global economy had softened, following a more promising start to the year. Declining … Read more »

  • ECB keeps rates at 0.75%

    The Governing Council of the European Central Bank (ECB) has announced today that it is not changing the eurozone’s interest rate from its record low of 0.75%. The decision comes on the same day as the Bank of England elected … Read more »

  • Bank of England keeps rates and QE unchanged

    The Monetary Policy Committee (MPC) of the Bank of England has today announced that the United Kingdom’s interest rate is to remain unchanged from the record low of 0.5%. The MPC also elected to leave unchanged the scale of the … Read more »

  • New Zealand leaves OCR unchanged

    The Reserve Bank of New Zealand has announced that it is leaving the nation’s official cash rate (OCR) unchanged at 2.5%. Governor Alan Bollard said that New Zealand’s trading partner outlook remained poor, adding that there was a limited risk … Read more »

  • No interest rate change in Japan

    The Policy Board of the Bank of Japan has decided to leave the nation’s interest unchanged at between 0% and 0.1%. The Bank of Japan stated in a press release that overseas economies had seen some moderate improvement, but that … Read more »