The following news articles, videos, and websites all contain information about policy interest rates and their effect on the economy. 1. Wall Street Journal: "Fed to Raise Interest Rates as Economy Strengthens" 2. CNBC: "Fed Raises Interest Rates for Second Time in 2017" 3. Forbes: "What the Fed's Interest Rate Increase Means For You" 4. The New York Times: "U.S. Raises Interest Rates and Signals Faster Increases Are Coming" 5. Bloomberg: "U.S. Interest Rates Climb to Highest Level Since 2008" 6. The Washington Post: "Fed Raises Interest Rates, Signals More Increases to Come" 7. US News & World Report: "Everything You Need to Know About the Fed's Interest Rate Hike" 8. CNN Money: "The Fed Just Raised Interest Rates. Here's What it Means for You" 9. Bankrate: "How the Fed's Interest Rate Increase Affects Your Wallet" 10. Investopedia: "What Is the Federal Funds Rate?"
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening. Inflation around the world remains high and broadly based. Global economic growth is slowing, although it is proving more […]
At its 7 December meeting, the Central Bank of Peru raised its key policy interest rate by 25 basis points to 7.50%, bringing the cumulative increase for the year to 500 basis points. The Bank continued to hike rates in order to curb elevated inflation and bring down inflation expectations, both of which remain well above the 1.0–3.0% target range. Inflation rose to 8.4% in
The Swiss franc retreated after the SNB raised its policy interest rate by 50 basis points as expected. On the daily chart, the US counterpart is testing last April’s lows near 0.9220 after giving up all gains from the most part of this year. As the RSI shows a bullish divergence in this demand zone, […]
SEOUL — South Korea’s central bank raised its policy interest rate by 25 basis points on Friday, as expected, but bond yields plunged in response to comments suggesting its 1-1/2-year rate-hike campaign had ended. The benchmark 10-year treasury bond yield dived as much as 14.3 basis points to 3.270%, its lowest since late August and […]
At its 12 January meeting, the Central Bank of Peru raised its key policy interest rate by 25 basis points to 7.75%. The Bank continued to tighten the monetary policy stance in order to reduce elevated inflation and bring down inflation expectations, both of which remain well above the 1.0–3.0% target range. Inflation rose to 8.5% in December from November’s 8.4%, while
BoJ kept the yield curve control unchanged today, disappointing some who bet for a tweak. Short term policy interest rate is held at -0.10%. The central will continue to purchase JGBs, without setting an upper limit, to keep 10-year yield at around 0%. The range 10-year JGB yield allowed to fluctuate is also kept at […]