At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and ... Read More
Dollar exchange rate in the world markets Let us review the economic events of the last week. Last week the dollar slumped significantly. There was no especially disappointing news ... Read More
Eurozone business activity grew at a slightly faster rate in December, but the pace of expansion was still one of the weakest seen over the past year. The Markit ... Read More
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent ... Read More
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