The Bank of England (BoE) raised the country's interest rates to 2.25 %, which is equivalent to an increase of 50 basis points, according to the entity's Monetary Policy Committee.
The British central bank's decision comes just one day after the Federal Reserve decided to raise the country's…
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interest rates
The Fed must act directly to control inflation
The President of the United States Federal Reserve (Fed), Jerome Powell, indicated that the monetary authority must act "directly" to contain the rise in prices and comply with its mandate, which opens the door to another bulky rise in…
Europe will raise interest rates
The Governing Council of the European Central Bank (ECB) will carry out this week the first rise in interest rates in the eurozone since July 2011, thus ending an era in the monetary policy of the eurozone in the face of harassment runaway…
The Fed decreed a new increase in interest rates
The Federal Reserve of the United States (FED) decreed a new increase in reference interest rates in the order of 0.5 percentage points to place them in a range that oscillates between 0.75 % and 1 % with the purpose of avoiding a increase…
Bank of Argentina raises interest rates again
The board of directors of the Central Bank of the Argentine Republic raised the yield of the Liquidity Letters (Leliq) to 28 days, the reference rate in the country for the price of money, by 200 basic points, from 47 % to 49 %, as reported…
Energy prices impact European inflation
Christine Lagarde, president of the European Central Bank (ECB) stressed that an increase in interest rates will not impact the reduction in energy prices, which are responsible for 50 % of the increase in inflation on the continent.
The…
The US created 467 thousand new job vacancies in January
The US Department of Labor published a report reporting that the country opened some 467,000 new job vacancies during the month of January, greatly increasing the projections made by economists, who estimated some 150,000 jobs.
In a survey…
Central Bank of Chile maintains the interest rate at 0.5 %
The board of the Central Bank of Chile unanimously decided to maintain interest rates at the level of 0.5 % and to adapt a new credit assistance program of up to 10 billion dollars, through the financing line conditioned to the increase of…
Central Bank of Chile foresees a contraction of 7.5%
The Central Bank of Chile predicts for 2020 a contraction in the local budget of between 5.5% and 7.5%, which represents the largest drop in gross domestic product (GDP) in the last 35 years.
According to what the issuer explains, "this…
Bank of Russia reduces the interest rate to 7.5%
The Bank of Russia has decided to lower the benchmark interest rate by 25 basis points, to stand at 7.5%, due to the deterioration of economic conditions in the country, as reported this Friday.
"The economic slowdown of annual inflation…
Peru experiences slight economic growth
The Peruvian economy experienced a slight rebound during the second quarter of 2018. GDP grew by 5.4%, the highest rate since 2017 in the domestic scenario of the South American country, according to a report by the National Institute of…