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With inflation hovering around 2 percent and an economy characterized by excess supply, coupled with recent indicators suggesting growth weaker than initially projected, the Bank of Canada announced a much-anticipated decision on Wednesday to cut interest rates by an additional half percentage...
At 16:45 (GMT+2), the Bank of Canada will announce its interest rate decision. It may follow that the regulator will adjust the value from 3.75% to 3.25%. The accompanying statement may contain an assessment of the current situation and immediate prospects for the Canadian economy, as well as...
At 05:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. Officials are likely to keep the rate at the current level of 4.35%. The accompanying statement may contain the country’s financial authorities’ assessment of the current state of the economy against global...
Below is the full text of the Bank of Canada interest rate statement:
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3¾% and the deposit rate at 3¼%. The Bank is continuing its policy of balance sheet normalization.
The global economy is...
The Bank of Canada interest rate decision will be announced at 9:45 AM with the expectations of a 50 basis point cut in rates.
Adam outlines the fundamental view in his post here:
In my video below, I analyze the key technical levels influencing the USDCAD rate decision. With the pair trading...
The Reserve Bank of Australia left its cash rate unchanged yesterday at 4.35%, its highest in 13 years:
ForexLive Asia-Pacific FX news wrap: RBA on hold, less hawkish
Reserve Bank of Australia Governor Bullock spoke extensively at her press conference following the Statement, links here...
We looked at what we found since the previous meeting
And used that to ask the question whether the current policy stance is appropriate or not
The discussion was mostly about the economic changes and the impact on inflation
We have done some scenario analysis on potential Trump policy changes...
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