The Bank of Canada (BoC) slowed down the pace of rate cuts, with a 25 basis point move today, bringing the policy rate to 3.0%. It also stated that it will end Quantitative Tightening (QT) and restart asset purchases in March - This isn't a stimulative policy but rather helps match ...
Cardano, Solana, and Avalanche Price Trajectory Following the Fed Interest Rate Announcement ADA, AVAX, SOL, and the broader cryptocurrency market also followed a similar trend. While the news lends some support to their bullish spikes, it is not certain how they will thrive in the long term....
Economists say ECB announcement shows rate cuts ahead — but no hint on neutral rate The European Central Bank's messaging on Thursday shows a clear commitment to follow-up interest rate cuts, but leaves uncertainty over where the institution sees the so-called "neutral rate" when monetary polic...
The BoC can take three actions during an interest rate announcement: Raise, lower or hold the target rate. The Bank of Canada adjusts the target rate in response to various economic conditions, including data regarding: inflation, unemployment rates and global economic factors. Raise interest rates...
The immediate market reaction following last week’s rate decision suggested a greater belief from investors that the BoE will do what is required to tame inflation. The yields on longer dated gilts initially fell (prices rose) following the announcement, halting the sell...
The ECB's announcement on Thursday comes as a political crisis in Italy is already weighing on markets following the resignation of Prime Minister Mario Draghi. Confidence in the markets has already been hit hard by the knock on effects of the Ukraine conflict, as hi...
“Banks are not required to line up their interest rates with the Fed’s rate,” says Liz Ewing, chief financial officer at Sapient Capital. “Each bank will respond to the Fed’s rate announcement and adjust rates in their own way.” ...
What is the Bank of England base rate? The interest rate set by the Bank of England (BoE) is known as the base rate. The current rate was decided on 6 February 2025, cut to 4.5%, after being held at 4.75% in December last year. This is the lowest rate sinceMay and June 2023. ...
After the Riksbank's announcement, the Swedish krona weakened around 0.5 percent against the euro and the U.S. dollar, news agency TT reported.■
Interest rate market risk faced by China’s commercial banks is increasing after the announcement that the interest rate marketisation is completed. This paper examines the Value-at-Risk, and statistical properties in the daily price return of Shanghai banks’ overnight offered rate. The study appl...