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Global central banks discuss interest rates

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Global central banks discuss interest rates Empty Global central banks discuss interest rates

Post  Admin Tue Sep 06, 2016 9:44 am

9/6/2016 0:00

About 30 meetings during the current month
Capitals - Agencies
Saxo Bank predicted the global economy is to be a busy month of this month for investors, which will see about thirty anticipated meeting of central banks around the world will take important decisions about interest rates.

A recent Bank report said that the total monthly amount of global facilities reached $ 200 billion since last special policy statement issued by the British central bank, noting that this amount is equal to the value of the annual gross domestic product of Portugal in 2015.

The report explained that the unlimited QE become a reality after long discussions and rumors around, and the conditions of the global credit facilities is the most relaxed at all, with an average return on global government bonds, including all deadlines, about 0.7 percent.

The report said: The Federal Open Market Committee meeting to be held on 20 and 21 September this is the most important event for financial policies; there are clear indications of the interest rate increase, but that the final decision of the Central Bank will depend on the deployment of the latest data for the month of August, particularly a report non-farm payrolls, which can to confirm the positive momentum witnessed in the US labor market, where it is expected that more than 50 percent of investors' increasing interest rates before the end of the year ndash; according to the reported Blomberg-.

 The report emphasized that if the FOMC decided to raise prices, will increase the contrast in monetary policy between the US dollar and the euro, which could attract more attention of investors towards the US dollar, will the European Central Bank this month, recent economic data available will confirm, probably, that there are downside risks remain
List.

The bank said: that this data will encourage the central bank to adjust its asset purchase program during a meeting to be held on September 8, the current "basic scenario we expect is that the ECB will extend its asset purchase program for a period of six to nine months and will raise the roof of the new versions to 0.50 percent .

According to Saxo Bank report it except the Russian Central Bank, it is expected that other central banks' reserves, the Bank of Japan, Bank of England and the Reserve Bank of Australia and others, at a fixed rate of interest they have, where they adjusted their financial policies during the past two months.

http://www.alsabaah.iq/ArticleShow.aspx?ID=122752

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