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  1. Australia Maintains Status Quo at a record low 0.25 percent

    by , 05-05-2020 at 10:19 AM
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    Australia's central bank maintained its interest rate and the target yield on three-year government bonds as economy experiences severe downturn after measures taken to stem the spread of coronavirus, or Covid-19. At the monetary policy meeting on Tuesday, the Reserve Bank of Australia board kept its interest rate at a record low 0.25 percent.

  2. Bank Of England Cuts Rate By 50 Bps, Unveils Funding Scheme For SMEs On Covid-19

    by , 03-11-2020 at 04:03 PM
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    The Bank of England unexpectedly cut its key interest rate and launched a new funding scheme for small businesses as it expects the UK economy to take a major hit due to the coronavirus, or Covid-19, outbreak. The Monetary Policy Committee unanimously voted to cut the bank rate by 50 basis points to a record low 0.25 percent, following a special meeting on March 10, the central bank said.

  3. New Zealand Jobless Rate Climbs To 4.3% In Q4

    by , 02-07-2019 at 10:44 AM
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    The unemployment rate in New Zealand came in at 4.3 percent in the fourth quarter of 2018, Statistics New Zealand said on Thursday - above forecasts for 4.1 percent and up from 3.9 percent in the three months prior.

  4. Trading the News: U.K. Gross Domestic Product

    by , 10-24-2014 at 06:40 AM
    - 3Q U.K. GDP of 0.7% Would Mark the Slowest Rate of Growth Since 4Q 2013.
    - Slower Economic Recovery Likely to Further Delay the BoEs Normalization Cycle.

    Trading the News: U.K. Gross Domestic Product (GDP)

    The U.K.s 3Q Gross Domestic Product (GDP) report may spur a lower-low in GBP/USD should the advance reading drag on interest rate expectations.

    Whats Expected:

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    Why Is This Event Important: ...
    Tags: gbp, gdp, rate, recovery Add / Edit Tags
  5. Trading the News: Federal Open Market Committee Meeting and Federal Funds Rate

    by , 06-18-2014 at 01:42 PM
    - Federal Open Market Committee (FOMC) to Reduce QE by Another $10B.
    - Fed Chair Janet Yellen to Hold Press Conference at 18:30 GMT.

    Trading the News: Federal Open Market Committee Meeting and Federal Funds Rate

    Despite expectations for another $10B reduction in the Federal Open Market Committees (FOMC) asset-purchase program, the central banks updated forecasts (growth, inflation & interest rate) may have a greater impact in driving the U.S. dollar ...