Interest rates

Harper: Economic growth isn't strong enough to raise interest rates

13 Sep 2017 10:18 AM |

Ian Harper, a member of the Reserve Bank of Australia board, made the following statement:

• Economic growth is not strong enough to raise interest rate.
• Australian dollar gains driven by weakness of the US dollar.

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  There will be no interest rate hike until 2019 according to BBC survey

  4 Sep 2017 11:07 AM |

  The results of a survey conducted by the BBC for some economists were published. The most prominent of the following were the following:

  • Most surveyed economists don't expect to raise rates until 2019, although the inflation rate remains above the Bank of England target.

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  Fed set to raise interest rates, give more detail on balance sheet winddown

  13 Jun 2017 10:05 AM |

  By Reuters : The U.S. Federal Reserve is widely expected to raise its benchmark interest rate this week due to a tightening labor market and may also provide more detail on its plans to shrink the mammoth bond portfolio it amassed to nurse the economic recovery.

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