Policymakers at the Bank of Japan agreed that the central bank’s priority should be to keep the yield curve steadily low, while the economy remains under pressure from the Coronavirus pandemic
Luis de Guindos, the Spanish Minister of Economy, made the following statement:
Sabin Lautenschlaeger, member of the ECB's executive office, made the following statement:
The Russian central bank cut interest rates this morning to 8.5%. The most prominent of its statement were as follows:
Steven Mnuchin, the US Treasury secretary, made the following statement:
Reuters published the latest opinion polls on the ECB and 50 out of 52 economists expected that ECB to announce QE tapering at the October 26 meeting, while 2 indicated that the bank would make the move in December.
The US consumer price index rose by 0.4% in August compared to expectations of a 0.3% rise. On an annualized basis, the index rose by 1.9% from 1.7% and better than the expectations of 1.8% rise.
Jazbec, governor of the Central Bank of Slovenia and member of the Board of Governors of ECB, made the following statement:
Inflation expectations among consumers in Australia fell for the second month in a row in September, with the Melbourne Institute index falling to 3.8%, after recording 4.2% last month. This monthly indicator is monitored closely because inflation expectations tend to influence actual price growth.
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