http://forexweb.890m.com Sun, 08 Nov 2009 00:45:50 +0000 http://backend.userland.com/rss092 en Yesterday, the CNB Bank Board decided to keep interest rates on hold by a narrow 4-to-3 majority. This was out of step with expectations following the release of the previous voting result, where both the Governor and the Vice-Governor had been in favour of cutting the key rate to 1%. ... http://forexweb.890m.com/czech-cnb-stays-on-hold-despite-dovish-signal-from-its-new-forecast/ BOE meeting The Bank of England (BOE) will meet on Thursday, September 10th. At the August BOE policy meeting the BOE decided to hold interest rates unchanged at a record low 0.5% and announced a surprise expansion of quantitative ease. The BOE increased its quantitative ease program from £125 bln ... http://forexweb.890m.com/preview-of-boe-boc-policy-meetings/ Rate decision due at 1200 BST Keep rates on hold; stay in ‘wait and see’ mode; Remain cautious on the sustainability of the recovery; keep QE target unchanged at GBP 175bln though keep door open for further QE increases should economic conditions warrant it Unlikely to lower interest rate on ... http://forexweb.890m.com/boe-preview-october-interest-rate-decision/ As expected the Bank of Canada left the overnight rate unchanged at 0.25 % and maintained its conditional commitment to maintain it at this level until the end of Q2 2010. Although the commitment is maintained, the tone of the press release was significantly more upbeat when it comes to ... http://forexweb.890m.com/boc-policy-monitor-boc-is-more-upbeat-on-the-economic-outlook/ Rate decision due at 1245 BST with the press conference to follow at 1330 BST Birds of feather flock together… All analysts expect the headline interest rate across the Euro zone to be left unchanged at 1%. As usual all eyes will be on the head of the ECB, Trichet ... http://forexweb.890m.com/ecb-preview-october-rate-decision/ The ECB is expected to hold the refinancing rate unchanged at the Governing Council meeting this afternoon. Jean-Claude Trichet is also expected to reiterate that “current rates remain appropriate” and will not signal any rate hikes for the near future. The most interesting is likely to be that we could ... http://forexweb.890m.com/ecb-preview-the-system-is-liquid-enough/ Growth expectations were raised but there were few changes to the inflation outlook Labour market conditions were expected to improve only slowly and consumer spending to be no more than moderate Uncertainty over just how much slack exists justifies careful monitoring of longer-term inflation expectations and the clear communication of ... http://forexweb.890m.com/fomc-minutes-still-cautious/ As expected, the Bank of Japan (BoJ) has left its leading interest rate unchanged, but is more upbeat on the economy. It now believes the economy is recovering and it will probably raise its official forecast for GDP growth at the next monetary meeting. BoJ did not suggest imminent plans ... http://forexweb.890m.com/japan-upbeat-boj-not-yet-ready-to-unwind-qe/ GBP continues to underperform pressured by speculation that the BOE will maintain its accommodative policy longer than other G-7 central banks and may elect to expand quantitative ease if inflation continues to decline. GBP has also been pressured by concern about rising UK government debt as the UK increased spending ... http://forexweb.890m.com/uk-cpi-and-boe-policy-eurgbp-at-six-month-high/ The ECB is expected to leave the refinancing rate unchanged at the Governing Council meeting on Thursday. We expect the tone at the press conference to turn slightly more positive (again) as both soft and hard data continues to improve further, but Trichet is unlikely to signal any rate hikes ... http://forexweb.890m.com/ecb-preview-waiting-for-the-master-plan/