Tuesday, 11 December 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
European Central Bank Leaves Monetary Policy Unchanged
Thursday, 13 September 2018 19:05 WIB | FISCAL & MONETARY |Bank Sentral Eropa ECB

The European Central Bank, as expected left interest rates unchanged on Thursday and reiterated its plan to scale down the size of its bond-buying program next month and end purchases in December.

The ECB left its main lending rate, known as the refi rate, at 0%, while the paid on deposits left overnight at the central bank remains at minus 0.4% and the rate on the marginal lending facility remains at 0.25%.

The ECB repeated that it expects rates to remain at present levels at least through the summer of 2019. The ECB plans to reduce the size of its monthly bond purchases from 30 billion euros a month to 15 billion euros in October, completing purchases in December, but added that the wrap-up would "be subject to incoming data confirming the medium-term inflation outlook." and to reinvest the principal payments from maturing securities "for an extended period of time" after the bond-buying program ends. ECB President Mario Draghi will host a news conference at 8:30 a.m. Eastern.

Source : Market Watch

RELATED NEWS
Powell Says U.S. Labor Market 'Very Strong' by Many Measures...
Friday, 7 December 2018 07:17 WIB

Ketua Federal Reserve, Jerome Powell, menyampaikan penilaian bullish terhadap perekonomian AS dan pasar kerja jelang rilis data ketenagakerjaan November hari Jumat ini. "Perekonomian kami saat ini be...

Australia Keeps Key Rate Unchanged Amid Housing Market Slowdown...
Tuesday, 4 December 2018 10:59 WIB

Reserve Bank of Australia meninggalkan suku bunga utamanya tidak berubah pada rekor rendah hari Selasa seiring bank sentral tersebut mengukur dampak perlambatan pasar perumahan terhadap ekonomi nasion...

Fed minutes point to December rate hike as central bank wants to remove forward guidance...
Friday, 30 November 2018 02:11 WIB

Hampir setiap anggota Komite Pasar Terbuka Federal berada dalam posisi yang sama untuk menaikkan suku bunga dengan "cukup segera" selama pasar kerja dan data inflasi datang sesuai dengan harapan, risa...

Seemingly dovish, Powell says interest rates are 'just below' level where they won't stimulate economy...
Thursday, 29 November 2018 00:21 WIB

Pimpinan Federal Reserve Jerome Powell pada hari Rabu menggunakan nada yang lebih lembut untuk menggambarkan di mana kebijakan suku bunga saat ini, dalam apa yang dapat ditafsirkan sebagai implikasi k...

ECB's Draghi raises prospect of slower inflation pick-up amid 'uncertainties'...
Friday, 16 November 2018 16:06 WIB

Presiden Bank Sentral Eropa Mario Draghi pada hari Jumat menegaskan kembali rencana untuk kembali menekan stimulus pada akhir tahun tetapi juga menyuarakan kehati-hatian tentang prospek pertumbuhan, m...

LATEST NEWS
US futures slightly lower as market volatility continues

U.S. stock index futures pointed to a lower open on Tuesday as stocks take a breather after a wild session in the previous trading day. At 03:40 a.m. ET, Dow futures were down 69 points, implying a open of -20.26 points. Meanwhile, S&P 500 and...

Gold Trades Near Five-Month High on Brexit Uncertainty

Spot gold traded near the highest level in five months as traders favored haven assets amid concerns over the possibility of the U.K. leaving the European Union without a deal. Investors also weighing latest developments on the trade war...

UK workers get biggest pay rise in a decade

British workers had their biggest pay rise in a decade in the three months to October as the country's strong labor market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday. Average weekly earnings, including bonuses,...

POPULAR NEWS
Gold Futures End With a Loss on Stronger Dollar
Tuesday, 11 December 2018 01:56 WIB

Gold futures ended with a loss on Monday, with strength in the dollar putting pressure on the dollar-denominated precious metal. The greenback...

Hong Kong Stocks Drop in Opening Minutes
Monday, 10 December 2018 09:01 WIB

Hong Kong shares opened with more losses Monday, tracking a sell-off on Wall Street fuelled by lingering concerns about the China-US trade standoff,...

Wall St., Main St. Expect Gold To Keep Shining
Monday, 10 December 2018 13:04 WIB

Wall Street and Main Street both look for gold to build on last week's move higher during the this week, based on the Kitco News gold...

Tokyo: Benchmark Nikkei Open Lower
Monday, 10 December 2018 07:30 WIB

Tokyo stocks opened sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off...