Magazine for Forex Traders
Janet Yellen gave a speech at Jackson Hole
The head of the Fedresearch Janet Yellen today spoke at the annual economic symposium held at Jackson Hole. In her speech, she focused on the regulation of the American banking system. According to Yellen, the change in the existing rules should be moderate and correspond to the main objective. It consists in increasing the financial […]
Read moreResults of the US Federal Reserve System meeting (19-20 June 2019)
The Fed’s manualdecided not to change the interest rate. It was kept at the level2.25-2.5 percent. It wasn’t a surprise for the markets. Most of them…Analysts and economists expected this to be the solution. It was taken almostunanimously. It’s jus…
Read moreU.S. Federal Reserve Board meeting September 25-26. Forecasts for 2018-2019.
September Federal Reserve Board Meeting concluded without surprise. The Fed, as the vast majority of analysts expected, raised the rate by 0.25 percentage points. Now it’s 2-2.25 percent per annum. American regulator revised its forecasts for the growth rate of the country’s economy in 2018-2019 upwards. According to the Federal Reserve Board, this year will […]
Read moreThe new British Prime Minister is Boris Johnson
Boris Johnson became the new British Prime Minister. He’s, uh…took up his duties on 24 July. Queen Elizabeth has commissionedBoris Johnson to form a government.In his keynote address, the British Prime Minister saidthat Britain will leave the Europ…
Read morePress conference on the results of the ECB meeting on 26 April 2018
The ECB Board of Governors at its regular meeting decided not to make any changes to the current monetary policy. The key rate, which determines the cost of credit in the economy of the region, remained zero, which is a record low level of this important indicator. The overnight deposit rate also remained at the […]
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