European Central Bank leaves main interest rate unchanged at 1 percentOctober 8th, 2009 ECB leaves rates unchangedFRANKFURT — The European Central Bank left its key interest rate unchanged at 1 percent on Thursday. Analysts had widely expected the bank to hold rates steady at its meeting in Venice.
European Central Bank, Bank of England leave interest rates unchangedOctober 8th, 2009 ECB, BoE leave interest rates unchangedFRANKFURT — The European Central Bank and the Bank of England both left their key interest rates unchanged Thursday at record lows. The ECB left its main refinancing rate at 1 percent while the Bank of England left its rate at 0.5 percent.
Amid signs of improving economy, ECB keeps rate unchanged at 1 pctSeptember 3rd, 2009 European Central Bank keeps rate steadyFRANKFURT — The European Central Bank has left its benchmark rate unchanged at 1 percent as markets wait for word that it may raise its economic forecasts. The ECB, which sets interest rates for the 16 countries that use the euro, will explain its decision at a press conference later Thursday.
ECB holds steady at 1 percent; BoE keeps rate steady, expands purchase programAugust 6th, 2009 ECB, BoE keep rates unchangedFRANKFURT — The European Central Bank has left its benchmark interest unchanged at 1 percent, a record low. The decision Thursday came after the Bank of England left its own rate unchanged at 0.5 percent and announced it would expand its asset purchases aimed at increasing the money supply.
European Central Bank, Bank of England keep rates steady; Britain to expand monetary easingAugust 6th, 2009 European, British rates unchangedFRANKFURT — The European Central Bank and Bank of England left interest rates unchanged Thursday at record lows amid early signs of economic recovery but took different paths in efforts to increase money supply and boost growth. The Bank of England kept its interest rate at 0.5 percent and the ECB left its at 1 percent.
ECB likely to hold steady at 1 percent; BoE keeps rate steady, expands purchase programAugust 6th, 2009 BoE keeps rates unchanged, ECB likely to followFRANKFURT — The European Central Bank was likely to keep interest rates the same Thursday amid early signs of economic recovery, while the Bank of England said it would expand its asset purchases aimed at increasing the money supply. The BoE kept its interest rate unchanged at 0.5 percent while analysts expect the ECB to leave its own rate at 1 percent.
India central bank leaves interest rates unchanged, says economic growth could beat forecastsJuly 28th, 2009 India central bank says economy could grow fasterNEW DELHI — India's central bank left interest rates unchanged Tuesday and said Asia's third-biggest economy could grow faster than forecast as it emerges from the global credit bust. Bank Gov. D. Subbarao said "the global economy was showing incipient signs of stabilization, albeit not recovery."
The central bank said there is now "an upward bias" to its forecast for the economy to grow 6 percent in the year ending March 2010.
Japan's central bank keeps rates steady amid signs economic slide has stoppedJuly 15th, 2009 Japan keeps rates steady as economy stabilizesTOKYO — Japan's central bank kept its key interest rate steady Wednesday amid signs the world's second-largest economy has ended its slide. The Bank of Japan's eight-member policy board voted unanimously to leave its overnight call rate target unchanged at 0.1 percent, as widely expected by the market.
Japan's central bank keeps key interest rate at 0.1 percentJuly 15th, 2009 Japan's central bank keeps rates steadyTOKYO — Japan's central bank has kept its benchmark interest rate steady amid signs that the economy has ended its slide. The Bank of Japan's eight-member policy board voted unanimously to leave its overnight call rate target unchanged at 0.1 percent, as widely expected by the market.
Dollar gains as ECB, BofE leave interest rates unchangedJune 4th, 2009 Dollar gains as ECB, BofE leave rates unchangedNEW YORK — The dollar moved higher Thursday after the European Central Bank and Bank of England both left interest rates unchanged, as expected. The 16-nation euro dropped to $1.4128 in early New York trading from $1.4134 late Wednesday.
Bank of England holds interest rates at 0.5 pct; maintains policy to increase money supplyJune 4th, 2009 Bank of England keeps interest rates at record lowLONDON — The Bank of England has kept official interest rates at a record low of 0.5 percent and maintained its policy of increasing the money supply to the economy. With early — but tentative — signs of an economic recovery on the horizon, the bank's decision on Thursday represents a cautious stance.
Iceland's central bank lowers interest rates by 2.5 percentage points to 13 percentMay 9th, 2009 Iceland cuts interest rates to 13 percentLONDON — Iceland's central bank has cut official interest rates by 2.5 percentage points to 13 percent to help the country's troubled economy. It is the third cut in rates this year by the central bank, called Sedlabanki.
Australia's Reserve Bank leaves interest rates on hold at 3 percentMay 5th, 2009 Australia leaves interest rates on holdSYDNEY — Australia's central bank decided Tuesday to leave its key interest rate unchanged at 3 percent, and cautiously noted some hopeful signs in the world economy despite continuing near-term gloom. The Reserve Bank of Australia has slashed its cash rate by an aggressive 4.25 percentage points since September, when the global financial crisis erupted and sent economies tumbling worldwide.
Japan's central bank leaves key interest rate unchanged at 0.1 percentApril 30th, 2009 Japan's central bank keeps interest rate on holdTOKYO — Japan's central bank kept its benchmark interest rate steady amid signs that the country's economic picture may be brightening. The Bank of Japan's eight-member policy board voted unanimously Thursday to leave the overnight call rate target unchanged at 0.1 percent, as widely expected.
Japan's central bank holds rates, raises purchase of government bondsMarch 18th, 2009 TOKYO - Japan's central bank Wednesday kept its benchmark interest rate unchanged at 0.1 percent but decided to step up its purchases of government debt. The Bank of Japan is to increase its monthly purchases of long-term government debt from 1.4 trillion yen ($14.21 billion) to 1.8 trillion yen to inject liquidity into money markets and prevent the rise of long-term interest rates.
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