central banks graphs bank rate

ECB's Trichet Leaves Door Open for Further Rate Cuts

With European Central Bank President Jean-Claude Trichet leaving the door open for further rate cuts on Thursday, economists say the bank's key policy rate could hit another record low as early as April.Earlier in the day, the Governing Council voted to cut the main refinancing rate by 50 basis points, as was widely expected, bringing it to 1.50%. Since October, the ECB has lowered its key interest rate by a total of 275 basis points.Following the announcement,

cuts interest rate - interest rate cuts chart - when is the bank of canada s next interest rate announcement in 2009

ECB's Provopoulos Says Central Bank Could Cut Below 1.00%

The European Central Bank could cut interest rates below the 1.00% handle if necessary according to Georigios Provopoulos of the Bank of Greece on Tuesday.I do not see 1 percent as a threshold for the ECB benchmark rate, said the central banker, speaking in a telephone interview with Bloomberg News on Tuesday.Provopoulos said that the latest economic data suggest the economy is very weak, and the IMF and OECD are expecting deeper recession in Europe than projections

jean claude central european bank interview irish news talk station - european central bank next interest meeting - european central bank interest rate graph

Fed's Lockhart Defends U.S. Government Stress Test and "Bad Bank" Plans

Federal Reserve Bank of Atlanta President Dennis Lockhart applauded the U.S. government on Wednesday, namely the forthcoming bank stress testing and its bad bank program.Speaking in Miami, Lockhart said the market should take comfort in the stress tests, calling them comprehensive. U.S. Treasury Secretary Timothy Geithner recently announced that 19 of the largest U.S. banks will have to undergo the test to see how they would perform if the recession worsened.Lockhart defended the government in taking its

stress test modele de perte - lockhart - stress testing et backtesting

ECB's Bini-Smaghi Says Near-Zero Rates Hurt Money Markets

Near-zero interest rates could impair money market movements, European Central Bank Governing Council member Lorenzo Bini-Smaghi said in Geneva on Tuesday.According to the central banker, Bringing the main policy rate too close to zero would risk hampering the functioning of the money markets as it would reduce the incentives for interbank lending.He also said any non-standard monetary policies for the euro zone would likely not resemble those used in the United States, given that quantitative easing

bini smaghi secondary markets news - lorenzo bini zero counterproductive - subprime monetary policy fed european central bank

EU Preview: Investors Question Recent Strength in Euro Ahead of ECB Meeting

Investors appear to be questioning the recent strength of the euro ahead of the European Central Bank's interest rate decision on Thursday, according to currency strategists.The euro remains under significant pressure following Friday's massive selloff. EUR/USD dropped more than 3 cents on Friday in what was the biggest one-day selloff in two months. According to some currency strategists, the capitulation in the cross provides some risk that markets are expecting the ECB to announce some quantitative easing

european central bank interest charts - european central bank board meeting 2009 - european central bank meeting dates

Rates Could Come Down Further in March, Says ECB's Liikanen

(CEP News) Frankfurt - With inflation in line with the European Central Bank's target of price stability, the central bank could reduce its main refinancing rate at its next meeting in March, ECB Governing Council member Erkki Liikanen said.

central bank rates - canada central bank rate graph - european central bank interest charts

ECB to Use Manoeuvring Room on Rates, Says Weber

Frankfurt - The European Central Bank has manoeuvring room regarding interest rates, which we will use, ECB Governing Council member Axel Weber said in Berlin on Friday, suggesting that the current level of 1.50% is not the lowest the ECB is willing to bring its key policy rate to.Weber also said the central bank could offer longer term refinancing loans.Raising the maturities in our repo operations could help to guarantee financing security, the central banker said.Written by CEP

central bank rates - differences between european central bank and the bank of england - weber central bank rss

ECB's Nowotny Still Sees Room for Maneuver, Not in Favour of Rates at Zero

(CEP News) Frankfurt - European Central Bank Governing Council member Ewald Nowotny said that, while the central bank has room to bring rates below its current level of 2%, he did not support rates at zero percent.

central bank rates - what is role of central bank in current crisis - fx swap haircut central bank

ECB cuts Refi Rate by 25 bps to 1.0%; Euro jumps to intra-day high

FXstreet.com (Barcelona) ? The European Central Bank Monetary Policy Committee has decided to trim its key interest rate by 25 basis points to 1.0% after its May monetary policy meeting. The European Central Bank, as usual did not give any further explanation, so all the eyes are set on the press conference Mr. Trichet will hold later at 12.30 GMT.EUR/USD has broken intra-day high jumping from levels at 1.3300 to levels above 1.3360, approaching May 5 high at 1.3375, immediately

subprime monetary policy fed european central bank - bank of england monetary policy committee next meeting - difference between uk and european central bank monetary policy

EU Preview: ECB to Cut Rate to Record Low, Announce Extension to Refi Operations (Update)

Record low inflation coupled with ongoing declines in consumer sentiment and economic activity will leave the European Central Bank with little choice but to reduce its main refinancing rate yet again, economists say.Ahead of the ECB's Governing Council meeting on Thursday, a majority of economists and market participants expect the central bank to cut its key policy rate to a record low 1.0% from 1.5%. A 50bp cut would leave interest rates 325 basis points below where

current european central bank policy - european central bank next meeting - european central bank meeting dates