Search Results for 'Central Bank'

IMF Says European Central Banks Should Keep Rates Low for No...

The International Monetary Fund said central banks in Europe should keep interest rates low and possibly extend non-standard stimulus measures because the region’s economic recovery is likely to be “slow and fragile.” &ld [...]

Posted On : Oct, 03 2009 | Comments : 0

Central banks vow to keep lid on rates

he U.S. and Canadian central banks are promising to keep borrowing rates at record lows well into next year as they seek to foster a recovery that both institutions say won't hit its stride until 2011. Both the U.S. Federal Reserve Board an [...]

Posted On : Jul, 22 2009 | Comments : 0

European Central Bank assesses auction impact

The European Central Bank is expected to keep its key interest rate unchanged Thursday as it awaits to see whether last week's massive liquidity injection will get banks to lend more money to businesses and consumers and support the struggl [...]

Posted On : Jul, 01 2009 | Comments : 0

Dollar Depreciates on Central Bank Diversification Concern

The dollar declined against a majority of the most-traded currencies as Brazil and Russia joined China in saying they would shift some $70 billion of reserves from U.S. Treasuries into multicurrency bonds. The drop in the U.S. currency [...]

Posted On : Jun, 13 2009 | Comments : 0

Central bank changes tack on credit crisis

Bank of Canada Governor Mark Carney is rearming to fight a recession that is proving tougher than the central bank anticipated. Mr. Carney cut the benchmark mark lending rate by half a percentage point yesterday, dropping the target for ov [...]

Posted On : Mar, 04 2009 | Comments : 0

European central banks under pressure to cut rates

The European Central Bank and the Bank of England are under mounting pressure to cut interest rates aggressively this week amid signs that the economic slump will be deeper and more prolonged than previously expected. While many observers [...]

Posted On : Dec, 02 2008 | Comments : 0

Yen Falls on Speculation Central Banks Are Ready to Interven...

The yen fell from two-week highs against the dollar and the euro after the Reserve Bank of Australia intervened to support its currency, fueling speculation more central banks plan to enter the market. The yen declined versus the Australi [...]

Posted On : Nov, 13 2008 | Comments : 0

India's central bank slashes repo rate by 1 percent to ease ...

India's central bank, the Reserve Bank of India (RBI) slashed its key lending rate by 100 basis points to 8 percent, on Monday, to maintain financial stability and ease the credit crunch that has roiled the domestic financial market. The [...]

Posted On : Oct, 21 2008 | Comments : 0

Asian Money Rates Rise as Central Banks Fail to Unlock Credi...

Asian money-market rates climbed as injections of more than $32 billion by Japan and Australia and a round of global interest-rate cuts failed to unlock credit. The three-month interbank offered rate in Tokyo, known as Tibor, was fixed at [...]