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Central banks keep rates at record low

Britain, South Korea and New Zealand left interest rates at record lows on Thursday, with Canada expected to follow suit, but in Asia at least there were signs that thoughts are turning to tighter policy.

The Bank of England left interest rates at a record low of 0.5 percent for the sixth month running and said it would keep its 175 billion pound asset buying programme, designed to pump money into the economy, in place.

Reuters

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Posted by Dean Popplewell at 9:02 am UTC, 02/10/2012
Posted by Staff at 6:37 am UTC, 02/10/2012
Posted by Dean Popplewell at 6:35 am UTC, 02/10/2012
Forex Rates
Interest Rates

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February
10
Today’s Global
Market Events
8:30 am

CAD
Trade Balance
0.7B vs. 1.1B
USD
Trade Balance
-48.1B vs. -47.8B
9:55 am

USD
Prelim UoM Consumer Sentiment
74.4 vs. 75.0
USD
Prelim UoM Inflation Expectations
3.3%
12:30 pm

USD
Fed Chairman Bernanke Speaks
12:50 pm

USD
FOMC Member Pianalto Speaks
2:00 pm

USD
Federal Budget Balance
-58.5B vs. -86.0B