Fed Leaves Key Interest Rate Unchanged
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The Federal Reserve has held rates steady for two months running, betting that inflation will remain contained as the economy cools.
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The Bank of England left interest rates unchanged for a third successive month on Thursday amid speculation borrowing costs may remain at 4.75 per cent well into next year as the economy cools.
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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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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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US stocks finished flat on Wednesday after the Federal Reserve raised interest rates for a fourth time this year and indicated it would keep its moderate campaign of tightening
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The Bank of England left its key interest rate unchanged at 4.75 percent Thursday.
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The Federal Reserve held interest rates steady yesterday, extending a yearlong breather for borrowers. Although policy makers observed improvements on inflation, they made clear they were not ready to declare victory on that front.
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European Central Bank holds rates at record low of 2%, citing concerns about soaring oil prices. BRUSSELS  - The European Central Bank left its key interest rate unchanged Thursday, taking more time
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The Federal Reserve on Thursday held benchmark U.S. interest rates steady at 5.25 percent for an eighth straight meeting and dropped a description of core inflation as "elevated."
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The Bank of England left interest rates  unchanged on Thursday, following a week of intense speculation  over whether it would cut them for a second month running to  shore up economic growth.
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The Bank of Canada held its main overnight interest rate unchanged at 4.25 percent, as expected, and shrugged off market volatility. It made no suggestion of future rate moves, indicating that it will keep monetary policy unchanged for some time. âThe Bank of Canada is very happy where things are, given all the uncertainties,â said Michael Gregory, senior economist at BMO Capital Markets.
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The U.S. Federal Reserve held benchmark interest rates steady on Wednesday and maintained a warning on inflation risks as it noted signs of stability emerging in downtrodden housing markets.
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U.S. stocks were little changed on Monday as investors kept cautious a day before a Federal Reserve rate-setting meeting expected to keep rates unchanged.
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A rebound of core producer prices in June despite a temporary reduction of energy costs according to a Labor Department report on Tuesday reinforced investors expectations for the Federal Reserve to hold interest rates unchanged to guard against inflation.
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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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Bank of England policymakers voted unanimously to leave interest rates unchanged at 4.75 percent earlier this month and did not even consider a hike, official records showed, reinforcing expectations that borrowing costs are at or near a peak.
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The Bank of Canada left interest rates unchanged, saying the economy remained on track despite slower growth and the increased risk posed by a downturn in the United States housing market. The central bank left its key overnight rate at 4.25 percent for the second consecutive time after raising rates seven times between September 2005 and May of this year. Markets had widely expected the bank to hold rates steady. In a statement, the bank was not as dovish as had been expected, leaving analysts less sure about its next moves.