Archive for January, 2006
Alan Greenspan the US Federal Reserve chairman retires today
He could move the world’s financial markets with a few words, but Alan Greenspan is retiring as America’s top banker on January 31, 2006. During his 18 years as the chairman of the US Federal Reserve, Mr Greenspan came to be regarded as a financial oracle – a man who’s influential insights were revealed in [...]
January 31, 2006
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Canadian loans rate rises 0.25 to 3.5 per cent
The Bank of Canada has announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/2 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 3 3/4 per cent. Information received since the last interest rate announcement [...]
January 25, 2006
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Swedish loans rate raised by 0.25 to 1.75 points
At its meeting on 19 January, the Executive Board of Sweden’s Riksbank decided to raise the repo rate from 1.5 per cent to 1.75 per cent. This decision is based on the picture of inflation prospects presented in the Riksbank’s Inflation Report in December and the new information on economic developments received since then. The [...]
January 23, 2006
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