U.S. Federal Reserve Board Meeting (12-13 December 2017)
The Committee on Open Market Operations of the US Federal Reserve decided to raise the rate to 1.25-1.50 percent following the results of the meeting held within two days. It coincided with the forecast of the vast majority of analysts and economists. However, the decision was not unanimous. Charles Evans and Neil Kashkari voted against […]
Read moreThe head of the Bank of England, Mark Carney, gave an interview to the TV channel
Mark Carney, Head of the Central Bank of England, gave an interview to ITV. He noted that MPs and entrepreneurs in both the UK and Europe recognize the important role of the transition period. It will help to mitigate the consequences of Brexit and conclude a full-fledged trade agreement. Mark Carney also stressed that the […]
Read moreMark Carney, speaking in Parliament, voiced his position on brexit
Mark Carney, Head of the Bank of England, addressed the Parliament. In his speech, he expressed support for the draft agreement with Brussels on Brexit proposed by Prime Minister Teresa Mae. Mark Carney noted that there should be a transition period between the proposed contract and the final agreement. Its duration should depend on the […]
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