Author Archives: Mario Urlic

The FED left interest rate unchanged at its first meeting of 2019

The Fed left its benchmark interest rate unchanged at its first meeting of 2019, a decision that was widely expected. What surprised markets was the indication that rates, which are in a range of 2.25 percent to 2.5 percent, may stay put for some time. The Fed’s chairman, Jerome H. Powell, said economic growth remained “solid” and the central bank

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The ECB remain rates uncganged at 0.00%, 0.25% and -0.40%

At today’s meeting the Governing Council of the European Central Bank (ECB) decided that 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 -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels at

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FED hikes rate and lower 2019 projection to 2 increases

FEDERAL RESERVE ISSUES FOMC STATEMENT Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly,

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ECB keeps rate unchanged at 0.00%, 0.25% and -0.40% respectively

At today’s meeting the Governing Council of the European Central Bank (ECB) decided that 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 -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels at

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ECB keeps rate on hold as expected

At yesterday’s meeting the Governing Council of the European Central Bank(ECB) decided that 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 -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels at least

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FED raises interest rate to 2.25 percent

Federal Reserve issues FOMC statement Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have

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