reserve bank of australia keeps rates of hold

Reserve Bank of Australia keeps rates of hold

Economy Mohit Shah - Mar 07, 2017

On Tuesday, the Reserve Bank of Australia held rates at 1.50 percent, which is reported as a record low value. The bank also signaled that economic conditions were levelled with its growth targets and

european central bank holds interest rates and stimulus program

European Central Bank holds interest rates and stimulus program

Market Himanshu Gill - Jan 20, 2017

The European Central Bank (ECB) has kept its key interest rates at zero and stimulus programs unchanged for another month.

eurozone inflation surges to 1.1 percent highest in three years

Eurozone inflation surges to 1.1% – highest in three years

Economy Himanshu Gill - Jan 04, 2017

Official figures show that inflation in the 19 countries’ Eurozone has surged to its highest rate in more than three years, largely due to increasing energy costs.

russian central bank holds interest rates signaling for a cut 2017

Russian central bank holds interest rates, signaling for a cut 2017

Economy Himanshu Gill - Dec 17, 2016

The Central Bank of Russia announced yesterday that it will keep its benchmark interest rate unchanged at 10%, saying that it might consider cutting rates in the first half of 2017.

venezuela to switch higher denomination currency note with coins

Venezuela to switch higher denomination currency note with coins

World Mohit Shah - Dec 12, 2016

The plan has been initiated this week and the deadline is stated to be 72 hours. President Nicolas Maduro said that the 100-bolivar bill will be isolated from being circulated on Wednesday; after

us consumers income and spending show a steady rate of growth

US consumers’ income and spending show a steady rate of growth

Market Himanshu Gill - Dec 02, 2016

The consumer spending, which accounts for about 70 percent of U.S. economic activity increased 0.3 percent after an upwardly revised 0.7 percent gain in September, according to the data released by th

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