Summary: Economic activities have been expanding. (No Change) Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. (Change) Inflation remains elevated. (No Change) The U.S. banking system is sound and resilient. Tighter...
Central Bank
Summary of Jerome Powell’s Remarks at Economic Policy Symposium
Summary of Jerome Powell Remarks, Economic Policy Symposium, Jackson Hole, August 25, 2023 MOVING FORWARD: DETERMINATION Two percent is and will remain the inflation target. Committed to achieving and sustaining a stance of monetary policy that is sufficiently...
ECB Press Release July 27, 2023 – What has changed?
Summary Decided to raise the three key ECB interest rates by 25 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 4.25%, 4.50% and 3.75%...
FOMC July 26, 2023, Press Release – What has changed?
Summary: Economic activities have been expanding. (No Change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated. (No Change) The U.S. banking system is sound and resilient. Tighter credit...
ECB Press Release June 15, 2023 – What has changed?
Summary Decided to raise the three key ECB interest rates by 25 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 4.00% and 3.50%...
FOMC June 14, 2023, Press Release – What has changed?
Summary: Economic activities continue to expand (No Change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated. (No Change) The U.S. banking system is sound and resilient. Tighter credit...
ECB Press Release May 4, 2023 – What has changed?
Summary Decided to raise the three key ECB interest rates by 25 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to3.75%, 4.00% and 3.25%...
FOMC May 3, 2023, Press Release – What has changed?
Summary: Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated. (No Change) The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely and...
FOMC, March 22, 2023, Press Release – What has changed?
Summary: Job gains have picked up in recent months, and the unemployment rate has remained low. (Change) Inflation remains elevated. (no Change) The U.S. banking system is sound and resilient. Recent developments are likely to result in tighter credit conditions for...
ECB Press Release March 16, 2023 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 50 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 3.50%, 3.75% and...
ECB Press Release February 2, 2023 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 50 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 3.00%, 3.25 % and...
FOMC, February 2, 2023, Press Release – What has changed?
Summary: Modest growth in spending and production. (change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains has eased somewhat but remains elevated. (Change) Russia’s war against Ukraine is causing...
ECB Press Release December 15, 2022 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 50 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 2.50%, 2.75 % and...
FOMC, December 14, 2022, Press Release – What has changed?
Summary: Modest growth in spending and production have softened. (No change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the...
FOMC, November 2, 2022, Press Release – What has changed?
Summary: Modest growth in spending and production have softened. (No change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the...
ECB Press Release October 27, 2022 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 75 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 1.25%, 1.50%, and...
FOMC, September 21, 2022, Press Release – What has changed?
Summary: Modest growth in spending and production have softened. (Change) Job gains have been robust in recent months, and the unemployment rate has remained low (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the...
ECB Press Release September 8, 2022 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 75 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 1.25%, 1.50%, and...
FOMC, July 27, 2022, Press Release – What has changed?
Summary: Spending and production have softened. (Change) Job gains have been robust in recent months, and the unemployment rate has remained low (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food...
ECB Press Release July 21, 2022 – What Has Changed?
Summary strong commitment to price stability mandate (No Change) took further key steps to make sure that inflation returns to its 2% target over the medium term (Change) decided to raise the three key ECB interest rates by 50 basis points; the interest rate on the...