Economy Live

The Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding. Being a central bank BOJ, is an entity responsible for the monetary policy of Japan. Its primary responsibility is to...

The U.S. Federal Reserve once again left its key interest rate unchanged amid economists' warning to keep vigil on inflation. Fed officials in a unanimous move left their target for short-term interest rates at 5.25 percent, the highest in 61/2.

The Bank of Japan decided to retain the interest rate at 0.5 percent. It was expecting that bank of Japan would increase its benchmark bank rate, but bank emphasis to judge the economic strength before tightening policy. Policy makers are in a...

New Zealand's central bank increases its interest rate to a record high 8 percent from 7.75 percent amid the speculation of surging inflation. Bank heightened the official cash rate by quarter-percentage-point is bank's third consecutive...

Although, slumping prices for the new homes is trimming the profits of homemakers yet the Federal Reserve officials are worried about the inflation. Federal Reserve voted to steady the interest rate on 5.25, to study the economy better. May 9...

The Bank of England signaled further to increase its interest rates to bring inflation down to the announced target as unemployment fell to the lowest since October 2005. The U.K. central bank estimated inflation will dip to around 1.8 percent in..

China's economy in the first quarter grew 11.1 percent from the corresponding period last year, fuelled by rapid investment and booming exports. At the same time, a series of recent monetary tightening measures taken recently seem to have...

The Federal Reserve has reinforced its position that inflation remained the biggest threat to the economy in its minutes from the March meeting. At the last meeting, Federal Reserve officials had concluded that more interest rate increases might be.

US stocks lost more ground after Federal Reserve Chief Ben Bernanke highlighted risks to US economic growth and signaled a steady hand on interest rates. Shares of some of the biggest US corporations, General Motors, retailer Wal-Mart and Boeing fell,...

The Federal Reserve policymakers voted unanimously to keep interest rates unchanged in an expected move. However, they acknowledged that the nation's economy is under pressure from the housing sector's painful slump. While signaling that inflation...