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(OPEC) releases monthly crude oil market report; ④ 21:30 US November CPI; ⑤ 22:45 Bank of Canada issues policy interest rates; ⑥ 23:30 US Energy Information Administration (EIA) releases the government's weekly crude oil inventory report ⑦ the next day at 03:00 the US government ...
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“Given the outlook for inflation, the governing council still judges that the policy interest rate will need to rise further,” the bank said in its announcement. “As the effects of tighter monetary policy works through the economy, we will be assessing how much higher...
National Bank President Thomas Jordan is making another rate cut as he bids farewell. However, the step is smaller than some experts had anticipated. The question was not whether theSwiss National Bank(SNB) would cut rates. Rather, the main debate beforehand was about how large the rate cut...
As a monetary practice, countries with weaker economies will align their exchange rates with a dominant trading partner. The central bank of some developing nations may fix their exchange rate to a key currency. Known as currencypegging, this practice has the effect of limiting monetary policy fle...
How Customers Bank Today Key to Branch of TomorrowJust a few years ago, a chorus of voices proclaimed that branch banking was old hat. Many...By CostanzoChris
WINDHOEK (Reuters) -Namibia's central bank cut its main interest rate for the second meeting in a row on Wednesday, saying inflation had fallen surprisingly quickly and that the economy needed more support. Its Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 ...