Concerns that COVID-19, which was originated in Wuhan, China and spread rapidly across continents, would significantly slow global economic activity and prompt the monetary policies, particularly the central banks of developed countries. This wave of interest rate cuts started...
Federal Open Market Committee left the benchmark overnight lending rate as it was. The current target range stayed between 1.50% and 1.75%.
It was stated in FOMC statement released after the meeting that “The Committee judges that the current stance...
US Federal Reserve’s FOMC rate-setting meeting is set to conclude at 18:00 GMT Wednesday. A majority of market-watchers forecast a cut of 25 basis points in federal funds rate. Such a cut seems to have already been priced in the aftermath of remarks by FOMC members such as New york Fed’s Williams and St. Louis Fed’s Bullard.
Today, minutes of the European Central Bank’s monetary policy meeting held in January 23, 2020, will be published.
At the first meeting of 2020, the ECB did not change the interest rates in line with the market expectations. ECB had...
Oil industry is the most suffering industry due to coronavirus (COVID-19), which was first identified in Wuhan, China, and spread to 60+ countries. Oil demand sharply declined as a result of the global growth concerns derived from the outbreak...
Gold is one of the financial instruments that gives savers the most returns on global markets by 2020. In the face of stock indices that regain their losses under the leadership of stocks, major currencies gaining a strong value...
The Central Bank of the Republic of Turkey (CBRT) published a summary of the December meeting of the Monetary Policy Committee on its official website. The report said the consumption spending was the main determinant of quarterly growth, which...
The Federal Reserve (Fed) Federal Open Market Committee (FOMC) interest rate decision, one of the focal points of global markets, will be announced today at 20.00 (GMT+1). Signs of the Bank's 2020 monetary policy stance in the wake of the...
