Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Gate Avenue is struggling to attract tenants as retail suffers
Bloomberg |
U.S. economy expanded at a modest pace with job gains slowing somewhat and inflation remaining stable or slightly weaker
inflation has been running below the Federal Open Market Committee's (FOMC) symmetric 2 percent objective, and crosscurrents, such as trade tensions and concerns about global growth, have been weighing on economic activity and the outlook.
Bank of Canada |
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
Bloomberg |
Canada policy makers will keep the benchmark overnight rate at 1.75% in a decision at 10 a.m. in Ottawa,
Reserve Bank of Australia |
Reserve Bank of Australia decided to lower the cash rate by 25 basis points to 1.00 per cent.
Reserve Bank of New Zealand |
New Zealand the Official Cash Rate (OCR) remains at 1.5 percent
Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
European Central Bank |
Speech by Mario Draghi, President of the ECB, ECB Forum on Central Banking, Sintra, 18 June 2019
Bloomberg |
Whether he likes it or not, he’ll have to tip the scale of rate-cut expectations. Plus, Austrian century bonds, “Red Flags” and sell-side quirks.