Topic: Inflation Rate
BoE unanimous in freezing interest rates
AFP European Edition
Bank of England policymakers were unanimous in their decision to maintain record-low interest rates earlier this month, minutes from the meeting showed on Wednesday. The central bank's Monetary Policy Committee (MPC) voted 9-0 in favour of keeping its key rate at 0.50 percent at the last meeting held ...
Bank of Japan expands lending to fight deflation
AP News
Japan central bank expands lending to fight deflation, holds interest ratesJapan's central bank is escalating the fight against deflation by offering more cheap loans to banks. In a split decision, the Bank of Japan's policy board decided Wednesday to double the amount available under its short-term lending program ...
Eurozone inflation drop to 0.9% confirmed
AFP Global Edition
Annual inflation fell slightly in the 16-nation eurozone to 0.9 percent in February, the first drop since last summer, official figures confirmed Tuesday. The small drop from the 1.0 percent inflation rate recorded by the EU's Eurostat data agency in January was confirmed by the EU's ...
Bank of Japan meet begins, considers fresh steps
AFP Global Edition
Japan's central bank began a two-day monetary policy meeting Tuesday amid speculation it may announce fresh emergency measures to spur an economic recovery hobbled by deflation and weak demand. The Bank of Japan is widely expected to hold interest rates unchanged at 0.1 percent -- a rock-bottom rate it ...
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