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Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Oilprice.com |
The optimism is in part fuelled by expectations that Biden administration policies will lead to tighter oil supply, which will automatically push prices higher.
FEDERAL RESERVE SYSTEM |
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
Bank of England |
Bank of England’s Monetary Policy Committee (MPC)maintain Bank Rate at 0.1%.
Reuters |
A sweeping $1.9 trillion COVID-19 relief bill that gives President Joe Biden his first major victory in office.
Bloomberg |
Fed chair says there’s a lot left to do before economy healed; Treasury prices slip and yields rise in response to comments
Bloomberg |
Scale of Biden’s $1.9 trillion proposal dwarfs 2009 rescue
Reserve Bank of Australia |
Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond
FEDERAL RESERVE SYSTEM |
Inflation averages 2 percent; Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
European Central Bank |
The interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively.
Bank of Canada |
The overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.