Tag Archives: rate

The European Central Bank’s (ECB) June 9 monetary policy decision is likely to be a highly significant one, as the central bank is seen signaling its first-rate hike in over a decade. Increasing signs of inflation broadening out in the old continent have compelled the ECB to prepare for a …

The awaited critical event for markets next week will be the Federal Reserve meeting. As observers suggest, the meeting may prove unextraordinary. They do not expect the Fed to formally announce a decision on the reduction of the purchase program. After a disappointing August’s jobs report, instead, tapering outsized asset …

The People’s Bank of China (PBOC) has set the yuan reference rate at 6.9362 versus Friday’s fix at 6.9405

Data from the National Institute of Statistics and Economic Studies in France showed that unemployment in the country fell to its lowest level in 37 years during Q2, as a downward trend that continued for several years was exacerbated by the general isolation measures imposed to confront the Coronavirus, which …