ECB Keeps Rates Steady, Lagarde Optimistic on Disinflation  The European Central Bank (ECB) stated that it believes current interest rates are playing a significant role in the ongoing process of reducing inflation.  Financing conditions are still tight, and previous increases in interest rates are continuing to dampen demand, thus pushin...

Bank of Japan Ends Negative Interest Rate Policy, Raises Rates for First Time Since 2007  As extensively cautioned, speculated, and hinted in recent weeks through various channels, The Bank of Japan made a significant move tonight by raising interest rates for the first time since 2007. This decision marks the end of the world's last negative ...