Search Results for: euro area
RBNZ: Official Cash Rate reduced to 3.25 percent
June 11th, 2015
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank of New Zealand today reduced the Official Cash Rate (OCR) by 25 basis points to 3.25 percent. Growth in the global economy remains moderate. Data on economic activity in ...
New Bundesbank projection: German economy shows an upward trend
June 5th, 2015
The German economy has recovered more quickly than expected from the cyclical lull in the middle of last year and has returned to a growth path that is underpinned by both domestic and foreign demand. “Domestic economic activity is ...
Strengthening investment key to improving world economy’s B-minus grade, says OECD
June 3rd, 2015
Global growth will gradually strengthen towards its pre-crisis trend rate by late 2016 as activity becomes more evenly shared across the major economies and overall external imbalances are less marked than in the run-up to 2007, according to the ...
Growing financial risk appetite within a gradual economic recovery – Financial Stability Review
May 28th, 2015
Euro area systemic stress remained low in past six months amid improving, but still subdued, economic growth Financial markets show continued asset price rises and bouts of volatility, but without generalised overvaluations Challenging operating environment for euro area banks ...
Draghi Says ECB Policy Potent as Low-Rate Risks Monitored
May 15th, 2015
Mario Draghi said the European Central Bank’s non-standard measures have proven effective, and low interest rates haven’t yet led to financial imbalances. Unconventional actions “have proven so far to be potent, more so than many observers anticipated,” the ECB ...
Riksbank purchases government bonds for a further SEK 40-50 billion
April 29th, 2015
Riksbank purchases government bonds for a further SEK 40-50 billion, lowers the repo-rate path significantly and holds the repo rate at −0.25 per cent The expansionary monetary policy is having a positive impact on the Swedish economy and inflation ...
Greeks Add Pressure on Tsipras to Compromise as Talks Resume
April 27th, 2015
Greece resumed efforts to break a deadlock with its creditors as weekend polls showed a majority of the country’s people want the government to make compromises needed to release funds for its economy. Two opinion polls published over the ...
Central Bank of Germany issued April Monthly Report
April 22nd, 2015
Structural developments in the German banking sector The financial and sovereign debt crisis which has afflicted the euro area for more than seven years now has clearly left a mark on the financial market, having forced monetary policymakers to ...
Central Banks decisions for the week Apri 13 – April 18
April 13th, 2015
This week (April 13 through April 18) central banks from seven countries or jurisdictions are scheduled to decide on monetary policy: Singapore, Indonesia, Poland, Canada, euro area, Namibia and Chile. Following table includes the name of ...
Bank of Korea Monetary Policy Decision
April 9th, 2015
The Monetary Policy Committee of the Bank of Korea decided today to leave the Base Rate unchanged at 1.75% for the intermeeting period ” Based on currently available information the Committee considers that, although the trend of economic recovery ...
