Brazil’s central bank has room to cut interest rates further because inflation is below the government’s target. “The central bank has cut rates a lot, we are at a very reasonable level,” Mantega said late yesterday in Sao Paulo. “In the next years, in the medium term, and I don’t want to interfere in the monetary policy, there’s room...

Prices dropped 7.8 % from a year earlier after falling 4.6 % in June. That’s the biggest decline since the office started to calculate the series in 1949 and exceeded economists’ forecast for a 6.5 % drop, depending to the median of 21 estimates. The price of crude oil has dropped more than 50 % from a record in July 2008, while weaker demand i...

The Bank of England warned Thursday that the outlook for economic recovery remained uncertain  so much so that the British central bank largely expanded its attempts at easing the credit squeeze by printing more money. In spite of some encouraging signs of improvement in the European economy and financial markets, the two central banks kept their ...

The Bank of England expanded its bond purchase program depends on its original limit in an effort to spur lending and fight a recession that’s deeper than previously anticipated. Bond yields plunged after the Monetary Policy Committee, led by Governor Mervyn King, kept the key interest rate at 0.5 /cent and increased its purchase program by 50 b...

The stock market is influenced by many factors. Two of the most important are the direction of inflation and interest rates. The reason commodity prices are so important is because of their role as a leading indicator of inflation. As a general rule of thumb, rising interest rates are bearish for stocks; falling interest rates are bullish. Put anot...

  More than 80% of currency trading volume is speculative in nature and, as a result  the market frequently overshoots and then corrects.   Also, many of the macroeconomic catalysts and events traders use in the equity or futures markets   including gauging interest rate changes and economic releases   are also integral to forex trading. In ...