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Tag Archives: rates

RBA's Lowe Sees Inflation Reaching Target in 2020, Rates on Hold

© Bloomberg. Philip Lowe Photographer: Brendon Thorne/Bloomberg (Bloomberg) — Australian central bank chief Philip Lowe said inflation is expected to reach the 2.5 percent target midpoint in 2020 and the interest-rate outlook is unchanged. “We see reasonable prospects that the economy will record good growth, the unemployment rate will come down gradually and that inflation will increase over time,” Lowe ...

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Fed set to hold interest rates steady, remains on track for more hikes

WASHINGTON (Reuters) – The Federal Reserve is expected to keep interest rates unchanged on Wednesday but solid economic growth combined with rising inflation are likely keep it on track for another two hikes this year even as President Donald Trump has ramped up criticism of its push to raise rates. FILE PHOTO: The Federal Reserve Buil… Reuters: Business News

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Bonds gain, yen falters as BOJ pledges to keep rates low

SYDNEY (Reuters) – Global bond prices gained and the yen fell on Tuesday after the Bank of Japan (BoJ) wrongfooted hawks as it pledged to keep interest rates extremely low for an extended period. An electronic board showing the Nikkei share average is seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TS… Reuters: ...

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