If Biden wins and eases sanctions, Iranian oil could swamp the world market.
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.
Navigation (or wayfinder) technology is hard. But it’s coming soon
Right sectors to invest include digital, pharma, tech
The Committee expects to maintain an accommodative stance of monetary policy. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
Bank of Canada maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent.
Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
The economy is always evolving, and the FOMC's strategy for achieving its goals must adapt to meet the new challenges that arise
Metal record-setting rally after this week’s dramatic price swings. Silver climbed the most in more than five years.
The Bank of England’s (MPC) sets monetary policy to meet the 2% inflation target, and voted unanimously to maintain Bank Rate at 0.1%.