Tag: ECB
Banks to tightly control borrowing rates even more against inflation
The Federal Open Market Committee decided to raise the target range for the federal funds rate to 4-1/2 to 4-3/4 percent. The Committee anticipates that ongoing increases in the target range will be appropriate...
Stricter policy rates on borrowing to stay as inflation rages on
The SNB is tightening its monetary policy further and is raising the SNB policy rate by 0.5 percentage points to 1.0%.
More inflation data causes rate surges again among top banks
The Governing Council today decided to raise the three key ECB interest rates by 75 basis points. With this third major policy rate increase in a row, the Governing Council has made substantial progress...
ECB to join rate hiking believers club amidst inflation woes
The Governing Council decided to raise the three key ECB interest rates by 50 basis points
Inflation is still a main worry for large economies
Per the released ECB Monetary policy decisions the monthly net purchases under the APP will amount to €40 billion in April, €30 billion in May and €20 billion in...
Job numbers in US, Canada slowly getting better. EU numbers revised down
In Canada total employment rose by 73,000 (+0.4%) in March, driven by an increase of 93,000 (+0.6%) in full-time work. In the six months since September 2021, when employment first returned to its pre-pandemic...
Good data in the Oceania region, other regions grapple inflation
The Reserve Bank of Australia released a statement before the House of Representatives Standing Committee on Economics. The outlook for the Australian economy has improved since the last meeting....
Crushing labor data in Canada, US jobs not great
In Canada employment fell by 200,000 (-1.0%) in January and the unemployment rate rose 0.5 percentage points to 6.5%.
The number of people who were employed but worked less than half their usual hours rose...
