Market information Thursday March 17th 2016

Yesterday, the U.S. Federal Reserve (Fed) kept its policy interest rate unchanged. The Fed revised the outlook of tightening monetary policy in 2016. The economic forecast became more uncertain the past weeks, partly due to decreasing commodity prices and turbulence on the global markets.

The Bureau of Labor Statistics of the U.S. announced that U.S. inflation amounts 1.0% on a yearly basis in February. In January 2016, the inflation level was 1.4%. The core inflation, adjusted for food and energy prices, was 2.3% in February compared to 2.2% in January.

Statistics Netherlands (CBS) reported that the Dutch unemployment rate stabilized at 6.5% in February. The number of unemployed increased with 7,000 over the month of January. Despite this increase, the unemployment decreased between December and February with 5000.

The 6M Euribor remained unchanged at -0.13%. The 10Y Swap decreased with 5 basis points to 0.62%.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: update@zanders.eu.