Table of Bank of Canada Interest Rate Decisions

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

Date Change Overnight Rate ===================================================== 2015 Jan. 21 Down 25bps 0.75% 2014 Dec. 3 Unch 1.00% Oct. 22 Unch 1.00% Sept. 3 Unch 1.00% July 16 Unch 1.00% June 4 Unch 1.00% April 16 Unch 1.00% March 5 Unch 1.00% ...

Kinder Morgan CEO to Step Down in June -- 2nd Update

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Tess Stynes Kinder Morgan Inc. said Richard Kinder intends to transition out of the CEO role in June and will become executive chairman. President and Chief Operating Officer Steven Kean, who will succeed Mr. Kinder, had said at a ...

Republicans Reject Obama's Main Economic Proposals--2nd Update

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Kristina Peterson And Siobhan Hughes WASHINGTON--Congressional Republicans rejected the central economic proposals underpinning President Barack Obama State of the Union address Tuesday night, but acknowledged the potential for compromise on a sliver of lower-profile issues. In his first joint ...

BOJ Cuts Price Forecast, Leaves Key Policy Unchanged

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

TOKYO--The Bank of Japan cut its near-term inflation outlook Wednesday, but left its key easing policy unchanged, citing brighter economic growth that could eventually help put prices back on a firm upward path. A continued slide in oil prices is ...

U.S. Bancorp Names Andrew Cecere as Operating Chief -- Update

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Maria Armental U.S. Bancorp said Tuesday it promoted its chief financial officer to chief operating officer, taking over a position vacant since Richard Davis was promoted to chief executive in December 2006. Andrew Cecere, 54 years old, was named ...

Malaysia December CPI +2.7% On Year; Below View

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Jason Ng KUALA LUMPUR--Malaysia's consumer price index rose 2.7% from a year earlier in December, mainly driven by costlier alcoholic beverages, tobacco, restaurants, hotels, and transportation, official data Wednesday showed. The index, Malaysia's main gauge of inflation, fell 0.1% ...

U.S. Bancorp Names Andrew Cecere as New Operating Chief

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Maria Armental U.S. Bancorp said Tuesday it promoted its chief financial officer to chief operating officer. Andrew Cecere, 54 years old, was named operating chief and will be replaced by Kathleen Ashcraft Rogers, 49, previously executive vice president for ...

Asian Tycoons Take Note of Li Ka-shing's Property Move

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Yvonne Lee HONG KONG--This city may have some of the world's highest real-estate prices, but the bulky conglomerates that house property holdings often trade well below the value of their assets. That is why Li Ka-shing's decision to separate ...

Oil Ticks Higher in Asia

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

Crude-oil futures were marginally higher in Asian trade Wednesday after overnight losses while focus shifts to this week's U.S. inventory data and the European Central Bank's meeting. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

U.S. Housing Starts Rise 4.4% In December

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Josh Mitchell and Jeffrey Sparshott WASHINGTON-Builders broke ground on single-family homes last month at the fastest rate in more than six years, offering hope a key sector of the housing market is revving up after years of sluggishness. U.S. ...

Russia Sea Ports Throughput Up 5.7% in 2014

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Grigori Gerenstein Special to DOW JONES NEWSWIRES MOSCOW--Russia's sea ports handled 623.4 million metric tons of cargo in 2014, up 5.7% from 2013, data from the national association of sea ports showed late Tuesday. The total throughput of liquid ...

U.S. Mortgage Application Volume Rose Last Week

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

The average number of mortgage applications for the week ended Friday rose 14.2% from the week earlier driven by mortgage rates at levels not seen since May 2013, according a survey by the Mortgage Bankers Association. The seasonally adjusted purchase ...

U.S. Stocks Little Changed in Choppy Trade

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Saumya Vaishampayan The Dow industrials were little changed in choppy trade Wednesday afternoon amid mixed corporate earnings news and as investors looked ahead to the European Central Bank's policy-setting meeting. Reports that the ECB was considering a new stimulus ...

U.S. Stocks Rise on ECB Stimulus Hopes

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Saumya Vaishampayan U.S. stocks advanced Wednesday after reports suggested the European Central Bank was set to deliver a bond-buying program that matched investors' expectations. A proposal from the European Central Bank's executive board calls for bond purchases of about ...

Renewed Grexit Debate Unfortunate, Says Euro Commissioner

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Stephen Fidler DAVOS, Switzerland--Greece is finally coming out of its long financial and economic crisis and needs to sustain the advances it has made and avoid further instability, the European Commission's vice president for the euro said on Wednesday. ...

Canadian Dollar Tumbles After Bank of Canada Cuts Rates

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

By Nirmala Menon OTTAWA--The Canadian dollar slumped to its lowest point in over five years after the Bank of Canada's shock interest-rate cut Wednesday, a decision that saw the greenback breach two key psychological barriers and come within a hair's ...

Bank of Canada Shocks With Rate Cut 'Insurance' Against Oil Slump

TODAY: March 27, 2015 PUB DATE: Jan. 21, 2015

OTTAWA--Canada's central bank delivered a shock interest rate cut Wednesday, its first since the recession, describing it as "insurance" against the potential economic toll of collapsing oil prices. The Bank of Canada cut its benchmark overnight rate by a quarter ...