Sunday, January 16, 2011
Australian interest rates unchanged developed body of Canada out of step exit strategy.
2 <P> Australia's central bank announced its benchmark interest rate by 25 basis points to 4%. .The same day, Bank of Canada announced that it will maintain the benchmark interest rate unchanged at 0.25%. .In addition, the European Central Bank and Bank of England rate decision will be announced on the 4th, the market is widely expected the ECB and the Bank of England will keep interest rates unchanged. .</ P> <P> analysts believe that, although the major economies, monetary policy adjustments will become the main tone of this year, but the economic situation of different countries, so the implementation of exit strategies have priority. .</ P> <P> with the economic situation improved in order to contain inflation, the RBA has been since October last year to raise interest rates four times, the developed economies of Australia became the stimulus plan out actions to implement the fastest growing countries. .</ P> <P> debt crisis currently facing the euro area European Central Bank may delay the implementation of exit strategies. .Some of the debt crisis of the euro area member governments to make up the deficit more difficult, if early rising credit costs, the financial position of Greece and Spain, countries less likely to be a severe blow. .Some analysts believe the ECB rate hike will be postponed, possibly raising interest rates until 2011. .</ P> <P> UK retail sales data recently published by the poor more and more signs of economic recovery in the UK may fall into stagnation. .Analysts believe the Bank or to maintain a loose monetary policy until 2011. .</ P> <P> the U.S., the Fed announced February 18 that raise the discount rate the market is its loose monetary policy to change the prelude, but since then a number of Fed officials stressed the need to maintain monetary policy. .Federal Reserve Chairman Ben Bernanke last week in the U.S. House Financial Services Committee hearing, said the financial crisis, is still struggling U.S. economy, high unemployment and weak housing market suggests prospects for recovery uncertain, the United States to maintain the inflation pressure may result " .ease. " .In this case, the rapid introduction of the Federal Reserve to raise interest rates if the measures are not appropriate, the longer term to maintain low interest rates unchanged and there are still necessary. .</ P>.
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