Today the Reserve Bank Board raised the cash rate by 0.25% from 0.10% to 0.35%. The Governor issued his usual Statement at 230 pm and conducted a Press Conference at 4 pm. The Governor noted that now was the right time to begin withdrawing some of the monetary support that was put in place […]
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In a speech today, Fed Governor Michael Barr acknowledged that the US economy began the current quarter from a “relatively strong position,” describing overall conditions as “resilient.” However, he cautioned that this solid foundation is Read more…
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