Bank of Japan stuns market with even more stimulus

Posted by Forexsq 14 hours ago (
img The Bank of Japan is going for broke and expanding its already aggressive stimulus plan in an effort to keep the country's economic revival plan on track.

In a surprise announcement, the central bank said Friday that it will increase its purchases of longer-term debt, building on a stimulus plan first announced a year and a half ago.

ECB Starts Buying Spree With 1.7 Billion Euros of Covered Bonds

Posted by Forexsq 4 days ago (
img The European Central Bank said it settled 1.704 billion euros ($2.2 billion) of covered-bond purchases last week as it started its latest effort to revive the euro-area economy.

The Frankfurt-based institution began purchases on Oct. 20, returning to the market for a third time in six years as part of a renewed attempt to stave off deflation and pump life into a moribund recovery.


Fed’s $4 Trillion Holdings to Boost Growth Beyond End of QE

Posted by Forexsq 7 days ago (
img Quantitative easing may turn out to be a gift that keeps on giving for the U.S. economy.

As the Federal Reserve prepares to end its third round of bond buying next week, the central bank plans to hang on to the record $4.48 trillion balance sheet it has accumulated since announcing the first round of purchases in November 2008.

That will continue to keep a lid on borrowing costs, helping th

Bank of England holds key interest rate at 0.5%

Posted by Forexsq 22 days ago (
img The Bank of England on Thursday held the size of its bond-buying program steady and left its key lending rate at a record low of 0.5%, where it has stood since March 2009. The central bank's Monetary Policy Committee maintained its asset purchases, the centerpiece of its quantitative-easing strategy, at 375 billion pounds ($608 billion). The minutes from the October meeting will be published on O

The IMF’s $3.8 trillion warning to the Fed

Posted by Forexsq 23 days ago (
img A rocky exit from low interest rates by the Federal Reserve risks $3.8 trillion of losses to global bond portfolios, the International Monetary Fund warned Wednesday in its latest global financial stability report.

The IMF was at pains to emphasize that it’s not forecasting such losses, but it did point out that tightening in the past has been a key trigger for declines in fixed-income markets

Russian Central Bank props up ruble

Posted by Forexsq 24 days ago (
img The Bank of Russia has intervened to shore up the ruble, shifting the currency's trading corridor again following its drop to record lows Monday on foreign-exchange markets, according to latest data from the central bank.

The central bank shifted the ruble's corridor 10 kopecks higher to 35.60 rubles to 44.60 rubles versus the euro-dollar basket on Monday, data released Tuesday from the centra

ECB to begin buying secured debt | Top Forex Brokers

Posted by Forexsq 29 days ago (
img The European Central Bank will buy bundles of loans and other forms of secured debt from mid-month in an attempt to kick start a languishing euro zone economy, despite misgivings... moreShare it now!

Yellen Warns on Market Calm Before ‚ÄėConsiderable Time‚Äô Up | Top Forex Brokers

Posted by Forexsq 37 days ago (
img Federal Reserve Chair Janet Yellen says she wants investors to be prepared for the possibility that the Fed will raise interest rates sooner than they currently project. Her words are... moreShare it now!

Fed Keeps ‚ÄėConsiderable Time‚Äô Pledge as Growth ‚ÄėModerate‚Äô

Posted by Forexsq 44 days ago (
img The Federal Reserve maintained a commitment to keep interest rates near zero for a ‚Äúconsiderable time‚ÄĚ after asset purchases are completed, saying the economy is expanding at a moderate pace and inflation is below its goal.

‚ÄúLabor market conditions improved somewhat further‚ÄĚ while ‚Äúsignificant underutilization of labor resources‚ÄĚ remains, the Federal Open Market Committee said today in a state

Fed Decision Day Guide: Considerable Debate on Forward Guidance | Top Forex Brokers

Posted by Forexsq 44 days ago (
img Here’s what to look for when the Federal Open Market Committee releases its policy statement and new economic projections at 2 p.m. today in Washington and Federal Reserve Chair Janet... moreShare it now!

Bank of Japan chief spurs speculation on easing measures

Posted by Forexsq 50 days ago (
img Bank of Japan Gov. Haruhiko Kuroda assured Prime Minister Shinzo Abe on Thursday that the central bank won’t hesitate to take further action if necessary, stoking speculation of future easing steps and pushing down the yen to a near six-year low against the U.S. dollar.

The meeting came at a time when the economy is struggling to shake off a prolonged hangover from an increase in the sales tax

ECB Unexpectedly Cuts Interest Rates as Outlook Darkens

Posted by Forexsq 57 days ago (
img The European Central Bank unexpectedly cut interest rates to spur economic growth and stave off the threat of deflation.

The ECB’s 24-member Governing Council reduced all three of its main interest rates by 10 basis points. The benchmark rate was lowered to 0.05 percent and the deposit rate is now minus 0.2 percent. The euro slid, as a reduction in the benchmark rate was predicted by just six

ECB cuts rates to ward off euro zone deflation threat | Top Forex Brokers

Posted by Forexsq 57 days ago (
img The European Central Bank cut interest rates to new record lows on Thursday, unexpectedly lowering borrowing costs to try to lift inflation from rock-bottom levels and support the stagnating euro

Bank of England slashes wages forecast, says key for policy

Posted by Forexsq 79 days ago (
img The Bank of England forecast on Wednesday that wages would grow far more slowly than previously expected and linked their rate of increase closely to borrowing costs, suggesting it was in no hurry to raise Britain's record low interest rates.

Shortly after data showed average British wages suffered their first fall in more than five years in the second quarter of 2014, the Bank cut its forecas

Bank of England Monetary Policy Meeting Minutes

Posted by Forexsq 100 days ago (
img There had been a noticeable increase on the month in UK short-term interest rates and a further appreciation in the exchange rate. One-year overnight index swap (OIS) rates, one year forward, had risen by around 25 basis points, to just above 1.5%, while the sterling effective exchange rate had risen by 2% on the month, to its highest level since October 2008. Both had been rising over recent mon

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