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Despite tons of hype for the promises of gaming in the virtual reality space, the technical difficulties inherent to, well, reality have left interest for augmented reality gaming on the back burner.
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The Bank of England left interest rates unchanged for the third consecutive month.
As James Mackintosh points out in today's FT, the bank left interest rates unchanged for years while inflation was above target, but now UK inflation has dropped to 1.5%, it seems ready to raise rates.
His touch had deserted him, he had left interest rates too high for too long.
Many on Wall Street think so: it is a sign, they say, that America's central bank has left interest rates too low for too long.
MUMBAI — The Indian central bank left interest rates unchanged Tuesday for the second consecutive review, showing that pulling down stubbornly high inflation is its top priority, even as economic conditions deteriorate.
The ECB has left interest rates at 2% for two years now, and despite slow or negative growth in its three biggest economies, has been talking of a rate increase later in the year.
What other explanation can there be for why the bank has left interest rates stuck at 2% for no less than 25 months?The bank's many critics claim that the euro area's economies are being choked by an excessively tight monetary policy, and that the case for lower interest rates is overwhelming.
On Thursday, the European Central Bank left interest rates unchanged, defying calls for bolder action.
In June, the US central bank left interest rates unchanged at 0.25%to0.5%5% for a fourth time this year.
But the Bank of England left interest rates at 5% yesterday for the third month running as it remained more concerned about rising inflation than about the housing market.
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