Business ; Bank Rate remains untouched in RBI&#39;s annual credit ...
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Business News, Mumbai: The Reserve Bank of India announced its busy season credit policy today. While it kept Bank Rate untouched at six percent, inflation forecast was raised from 5 to 6.5 percent.
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The Bank of England is expected to leave interest rates unchanged after the latest meeting of its Monetary Policy Committee.
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The Bank of England&#39;s rate-setting Monetary Policy Committee voted unanimously to leave its key base rate unchanged at 4.75pc at its last meeting on Oct 7, the central bank said today.
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The Bank of England has chosen to keep interest rates unchanged at 5.25 percent, deciding against another increase following January's surprise hike.
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The pound stayed steady on Tuesday, though slightly down against the dollar, with no change to market expectations that the Bank of England will keep its key repo rate unchanged at a six-year high of 5.50 percent on Thursday.
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India's central bank on Tuesday held key interest rates steady, saying the risk of higher inflation had increased amid global threats to economic growth and financial stability.
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Japan's central bank decided Thursday to keep monetary policy unchanged to continue efforts to spur an economic recovery.
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The Bank of Japan left its ultra-easy monetary policy unchanged on Thursday, showing it was still committed to fighting deflation.
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The Federal Reserve left its benchmark interest rate unchanged at 5.25 percent on Thursday and signaled that it would keep it at that level for some time.
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The European Central Bank left interest rates untouched Thursday, with bank president Jean-Claude Trichet saying Europe&#39;s modest recovery remains on track but will slow next year due to high oil prices.
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â¢ The level at which the Federal Reserve&#39;s federal funds rate, the overnight rate charged between banks, neither stimulates nor slows economic growth.
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MUMBAI: The Reserve Bank of India&#39;s (RBI) announced the mid-year review of its annual monetary policy for the year to March 2005.
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All nine members of the Bank of England&#39;s Monetary Policy Committee voted to keep interest rates unchanged at 4.75 percent this month, and there seemed to be no discussion of raising borrowing costs.
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Following is the text of a statement released by the Federal Reserve yesterday after the Fedâs monetary policy panel, the Federal Open Market Committee, decided to leave interest rates unchanged.
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The Bank of Japan keeps interest rates on hold at 0.25%, after weak consumption and prices data.
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Citing new economic uncertainties, the bank left its key interest rate unchanged at 4 percent, shifting course from a month ago when it signaled it would raise the rate.
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The Bank of England left the cost of borrowing unchanged at 4.75 per cent on Thursday after data had shown a slowdown in the housing market, slowing consumer