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Another round of major world central bank decisions are out of the way, yet rates are still where they were at prior to the decisions. However, many economists expect at least some of the banks to start moving on rates before the end of the year. The U.S. Federal Reserve surprised no one when it left...
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Markets were captivated this week by U.S. dollar comments from Fed Chairman Ben Bernanke, in which he expressed concern over the U.S. dollar's decline contributing to "unwelcome" increases in import prices, and hawkish comments from European Central Bank President Jean-Claude Trichet suggesting a hike...
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Speaking at a conference organized by the International Monetary Committee on Tuesday, Fed Chairman Ben Bernanke, European Central Bank President Jean-Claude Trichet and Bank of Japan Governor Masaaki Shirakawa agreed that persistent inflation pressures were one of the risks being faced by central banks...
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It will be a busy week for central bank rate decisions next week, with announcements coming from the Reserve Bank of Australia, Bank of England and the European Central Bank. Economists are expecting all to hold rates at their current levels. U.S. Federal Reserve Current Rate: 2.00% Next Rate Decision...
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This past week that saw three of the world's major central banks release interest rate decisions, all of which were in line with what markets had been expecting. The Bank of Japan and European Central Bank both held rates steady while the Bank of England eased by 25 bps to address downside risks to growth...
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The main highlights of the week so far in central bank-related news included Fed Chairman Ben Bernanke's testimony on the U.S. economy and financial markets on Wednesday, along with the Reserve Bank of Australia's decision to hold rates at 7.25%. There were also some central bank speakers, including...