International Finance

Tag : interest rate


‘Fed rate decision based on upbeat view of economy, market readiness’

Global uncertainty, low inflation not enough to delay liftoff decision, say BBVA Compass economists December 21, 2015: The US Federal Reserve’s decision to raise interest rates was based on an assessment by Fed policymakers that the US economy was headed in the right direction and ripe to handle the long road to monetary normalisation, BBVA...

Australian overnight interest rates kept unchanged

The move, which comes on the eve of the national budget, is the most prudent course, says RBA Governor, reports Team IFM Sydney, May 8: In a widely-anticipated policy announcement on Tuesday that has propped the country’s construction sector and stoked employment since last September, Australia’s central bank said it was keeping its overnight cash...