Central Bank Keeps Interest Rate Steady
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Australia&#39;s central bank left its benchmark interest rate unchanged at 5.25 percent Wednesday for an 11th consecutive month. The announcement marks the first time the Reserve Bank of Australia has considered
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Faced with a strengthening economy and scant signs of runaway prices, the Federal Reserve appeared set to keep interest rates steady on Wednesday while keeping up a verbal guard against potential inflation.
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The Bank of England's rate-setters keep interest rates unchanged at 5.25%.
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WASHINGTON -- Federal Reserve policy makers held a short-term interest rate steady yesterday, saying that inflation remains too high but should drift lower over time as energy prices fall and the economy slows.
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The European Central Bank will likely hold interest rates steady Thursday, waiting to see if its latest increase can stem inflation, but it is expected to prepare the markets for another move in March.
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Japan's central bank kept its loose monetary policy unchanged Friday amid signs that keeping ample cash flowing in the financial system is necessary to keep the nation's economic recovery going.
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The Bank of England keeps UK interest rates unchanged at 5.5%, despite signs of a consumer spending slowdown.
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The U.S. Federal Reserve on Tuesday held benchmark interest rates steady at 5.25 percent for a fourth straight meeting, while renewing a warning that risks from inflation remain.
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The Bank of England keeps UK interest rates at 4.75% following its latest meeting.
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The Bank of England appears set to hold interest rates steady for at least the next few months after revealing policymakers did not even discuss raising borrowing costs at their November meeting.
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The Bank of Japan opts to keep interest rates unchanged at 0.5% for the seventh month in a row.
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The Bank of England held its key interest rate steady at 5 percent on Thursday, a decision that was widely expected.
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The Bank of Japan kept interest rates unchanged on Tuesday, but economists still expect the central bank to raise rates early next year.
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The European Central Bank leaves its key interest rate unchanged at 2% for the 19th month in succession.
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The Bank of England is expected to keep interest rates at 5.25%, but another rise remains a possibility.
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U.S. Federal Reserve officials are   expected to hold interest rates steady on Wednesday, but they   are also seen renewing an inflation warning even while taking   stock of cooler economic growth.
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South Korea's central bank has left its key interest rate unchanged at 4.5 percent for a fourth consecutive month in a move widely seen to help boost the economy.