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Australia Cash Rate Seen near Zero for Several Years Lowe

February 28, 2021
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SYDNEY, Feb 3 Reuters Australias top central banker pledged on Wednesday to keep interest rates near zero until there were enough jobs in the economy to push wages growth and inflation higher, a goal that has eluded the country for more than a decade. Reserve Bank of Australia RBA Governor Philip Lowe reckons it will […]

February 28, 2021
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TOKYO, Feb 3 Reuters The Bank of Japan is conducting a review of its policy tools to make them more sustainable, as the hit to the economy from the coronavirus is seen prolonging the battle to achieve its elusive 2 inflation target. It will release the findings in March. Below are some options likely to […]

February 28, 2021
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New governor Naci Agbal does not expect Turkeys central bank to begin considering cutting interest rates from 17 until much later this year given upward pressure on already high inflation, and rate hikes are still a possibility, he told Reuters. In his first interview since taking the reins three months ago, Agbal said the central […]

February 28, 2021
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Russias central bank held its key interest rate at a record low of 4.25 on Friday following a recent jump in inflation, a move that suggests further monetary policy easing could be off the table due to higher inflation. The decision, to keep the rate at a level unchanged since July 2020, was in line […]

February 28, 2021
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LONDON, Feb 18 Reuters Bank of England policymaker Michael Saunders said cutting interest rates below zero could well prove the best tool for the central bank under some future circumstances, but the BoE did not need to decide on this yet. Saunders said in December that negative interest rates could be a useful tool, and […]

February 28, 2021
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JAKARTA, Feb 18 Reuters Indonesias central bank lowered its key policy rates on Thursday, the sixth time it has cuts rates since the COVID19 pandemic started, to help lift Southeast Asias largest economy out of recession. Bank Indonesia BI cut the benchmark 7day reverse repurchase rate by 25 basis points bps to 3.5, the lowest […]

February 28, 2021
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LONDON, Feb 24 Reuters Bank of England Governor Andrew Bailey and other top Bank officials spoke to parliaments Treasury Committee on Wednesday. The following are highlights EU ON BANK LOCATIONS Bailey said postBrexit moves by the European Union to require banks to justify why they are not moving activities away from Britain were of dubious […]

February 28, 2021
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Australia has passed a new law that will require digital platforms like Facebook and Google to pay local media outlets and publishers to link their content on news feeds or in search results. The move was widely expected and comes days after the government introduced some lastminute amendments to the proposed bill, known officially as […]

February 28, 2021
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Danone said on Thursday 2021 would be a year of recovery with a return to profitable growth in the second half following a tough first quarter and after the coronavirus crisis hit the French food groups 2020 sales and profits. Chairman and Chief Executive Emmanuel Faber, who is under growing pressure as activist shareholders push […]

February 28, 2021
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Royal Caribbean Group reported a billiondollar net loss for the fourth straight quarter on Monday, as the cruise operator continued to be affected by a coronavirustriggered halt to voyages. Cruise operators have been shoring up cash reserves by issuing new shares, selling assets or raising billions of dollars in debt over the last few months […]

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Australia Cash Rate Seen near Zero for Several Years Lowe

What could Change under BOJs March Policy Review?

Turkey C.Bank Says no Rate Cuts for Long Time this Year

Russia Holds Key Rate at 4.25

BoEs Saunders Says Negative Rates May be Best Tool

Indonesia C.Bank Delivers 6th Rate Cut Since Pandemic Start

BoE Governor Bailey Speaks to Lawmakers

Google, Facebook to Pay for News in Australia, New Media Law

Danone Warns of Tough Start to Year

Stuck in Port, Royal Caribbean Posts 1B Quarterly Loss

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