Central banking
Monetary Policy Decisions
Gold Silver Reports (GSR) – At today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
Trump says the Federal Reserve has ‘GONE CRAZY’ by Continuing to Raise Interest Rates
President Donald Trump knocked the Federal Reserve for continuing to raise interest rates despite some recent market turbulence.
Fed Raises Key Rate to Range of 2% to 2.25%, Keeps Forecast for 4 Hikes in 2018
The Federal Reserve said Wednesday that it sees the federal funds rate at 2.4 percent by the end of 2018, unchanged from its June forecast.
Fed Set to Raise Rates Again, other Central Banks Sound Ready to End the Easy Money, too
Fed Set to Raise Rates Again
✅ Draghi’s comments come ahead of the Fed’s two-day meeting and anticipated rate hike Wednesday, but they also come as the Bank of Japan sounds slightly less dovish and other central banks raise their interest rates.