Federal Treasurer Wayne Swan says the interest rate rise is tough on Australian families and businesses but is a warning that rates will not stay at emergency lows. The Reserve Bank of Australia (RBA), for the fourth... [read full story]
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The Reserve Bank of Australia has ramped up its forecasts for economic growth out to the end of 2010 and signalled more interest rate increases are on the way after two hikes in the past four weeks. The central bank is...
PRAGUE, Nov 5 (Reuters) - The Czech central bank kept interest rates unchanged on Thursday, in line with analysts' forecasts, after a weaker crown eased deflationary pressures and data pointed to a moderate economic recovery....
PRAGUE, Nov 5 (Reuters) - The Czech central bank voted 4-3 to keep interest rates unchanged on Thursday, in line with analysts' forecasts, after a weaker crown eased deflationary pressures and data pointed to a moderate...
By Lexi Metherell for News Online Bracing for recovery: The Reserve Bank says inflation will be an issue (Reuters: Will Burgess, file photo) The Governor of the Reserve Bank has again highlighted the pressure on the central...
There are tales of woe around the country after Tuesday's interest rate rise and I don't have a great deal of sympathy. Anyone who believed that interest rates would stay at their emergency record low level is delusional. The...
The U.S. Federal Reserve Wednesday kept its benchmark interest rate at a record low. In a decision that was widely expected, the U.S. central bank kept the target range for its bank lending rate at zero to 0.25 per cent. The...
Washington - The US Federal Reserve on Wednesday kept interest rates at their historic low of near 0 per cent as the world's largest economy embarks on a slow recovery from recession. The central bank's board said economic...
The Federal Reserve will reaffirm its low interest rate policy later this afternoon, a person inside the Federal Reserve said. The central bankers are fearful that any change to the wording of its interest rate policy or...
CANBERRA—The major banks were a bit too quick off the mark raising their lending rates for the prime minister's liking. The ANZ Bank raised its variable mortgage rate within minutes of the Reserve Bank of Australia's (RBA)...
Interest rates serve many purposes in a free market economy, making artificial manipulation all the more destructive. The interest rate signals societies' time preference for capital goods, intermediate and end stage goods. In...
