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Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
FEDERAL RESERVE SYSTEM |
FED decided to maintain the target range for the federal funds rate at 0 to 1/4 percent.
TIME USA |
Spot gold surged to $1,944.71 an ounce, beating the previous high set in 2011 by more than $20.
European Central Bank |
The interest rate on the main refinancing operations and 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 Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent
Reserve Bank of Australia |
The targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
Bloomberg |
FOMC eager to provide new guidance on policy in coming months
FEDERAL RESERVE SYSTEM |
inflation should stabilize and then gradually move back up over time closer to our symmetric 2 percent objective
European Central Bank |
The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion.
Reserve Bank of Australia |
Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
FEDERAL RESERVE SYSTEM |
Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent.