Tag: interest rates

• Friday, April 15th 2022 - 09:44 UTC

  European central bank will raise interest rates after ending assets' purchasing program

  

  The European Central Bank Governing Council said on Thursday that in the current conditions of high uncertainty it will maintain “gradualism and flexibility” as the guidelines for its monetary policy anticipating that the assets purchase program will be concluded by the third quarter.

• Thursday, December 16th 2021 - 09:43 UTC

  What is the Federal Reserve tapering; the end of rock bottom interest rates?

  

  By Edouard Wemy – Tapering refers to the Federal Reserve policy of unwinding the massive purchases of Treasury bonds and mortgage-backed securities it’s been making to shore up the economy during the pandemic.

• Saturday, October 23rd 2021 - 09:34 UTC

  Brazil's Guedes pushing for higher interest rates to contain inflation

  

  Brazilian orthodox Economy minister Paulo Guedes has not resigned and has no intention of resigning despite the fact he will have to live with the exceptional expenditure of some 45bn Reais, as part of the Auxilio Brazil support program for vulnerable families and president Jair Bolsonaro's 2022 reelection plan.

• Monday, April 26th 2021 - 09:03 UTC

  Venezuela remains the most “miserable” country - Argentina not far behind

  

  Venezuela easily held to the dubious honour of being at the top of the list of the 2020 Global Economic Misery Index, while Argentina was merely seven notches behind.

• Wednesday, March 3rd 2021 - 08:38 UTC

  Producer price inflation in Brazil anticipates Central bank will raise interest rates

  

  Brazil's statistics agency IBGE said on Tuesday the monthly rate of producer price inflation kicked off this year at its second highest, with prices rising across all 24 activities surveyed.

• Monday, February 22nd 2021 - 07:03 UTC

  Bank of England divided over the use of negative interest rates

  

  A member of Bank of England's Monetary Policy Committee, Gertjan Vlieghe, openly supported the use of negative interest rates if the U.K. needs more stimulus, while Deputy Governor Dave Ramsden said the bank still had scope for more quantitative easing. which has been a tried and tested policy.

• Friday, February 5th 2021 - 08:21 UTC

  Bank of England tells banks to prepare for negative interest rates

  

  The Bank of England (BOE) told banks to start getting ready for negative interest rates but added that the message shouldn’t be taken as a signal that the policy is imminent. The BOE made the announcement as it held its key rate at a record low of 0.1%.

• Wednesday, January 13th 2021 - 09:14 UTC

  Brazilian interest rates in the next 24 months expected to rise steadily

  

  The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation expectations held steady.

• Saturday, November 28th 2020 - 08:52 UTC

  Producer inflation in Brazil rose 3,4% in October and 19,1% in twelve months

  

  Producer price inflation in Brazil jumped to its highest on record in October, figures showed on Thursday, led by another month of rising food prices, which will likely stir the debate further on the wider outlook for inflation and interest rates.

• Monday, March 16th 2020 - 11:19 UTC

  G7 global rescue: Fed cuts rates to almost zero and launches US$ 700bn stimulus program

  

  The US has cut interest rates to almost zero and launched a US$ 700bn stimulus program in a bid to protect the economy from the effect of coronavirus. It is part of a coordinated action announced on Sunday in the UK, Japan, the Eurozone, Canada, and Switzerland.