Dec 21, 2016 13:07 pm UTC| Central Banks Research & Analysis Insights & Views
The Christmas came early yesterday as CBT refrained from raising interest rates, contrary to consensus expectations. CBT explained its inaction by wanting to wait and see the inflationary effects of the liras recent...
UK long-term inflation expectations at highest level since 2014
Dec 21, 2016 12:56 pm UTC| Commentary Economy Central Banks
According to a Citi/YouGov poll, the long-term inflation expectation, which is for 10 years has reached 3 percent, the highest level since September 2014. It is up from 2.8 percent level seen in the previous survey. It...
Riksbank closer to end of easing cycle, krona likely to remain supported
Dec 21, 2016 12:26 pm UTC| Insights & Views Central Banks
The Swedish central bank (Riksbank) kept its policy rate on hold at -0.5 percent at its policy meeting today and delivered SEK30bn in extended QE as expected (SEK15bn nominal and SEK15bn linkers) running to mid-2017. The...
Riksbank maintains policy rate at -0.5 pct, extends QE program
Dec 21, 2016 10:04 am UTC| Commentary Central Banks
The Swedish central bank, Riksbank, kept its policy rate on hold at -0.5 percent today during its meeting. However, the central bank extended its QE program by SEK 15 billion in nominal government bonds and by equally much...
BoT maintains benchmark interest rate at 1.50 pct, as broadly expected
Dec 21, 2016 08:51 am UTC| Commentary Central Banks Economy
The Bank of Thailand (BoT) has kept its policy rate unchanged in a unanimous vote, a move expected by all but one of the 25 analysts surveyed by Bloomberg. Leading indicators of domestic demand point to a moderation in...
BoE’s McCafferty back being a hawk
Dec 20, 2016 12:50 pm UTC| Commentary Central Banks
In a speech in Dorset on Tuesday, Bank of England (BoE) policymaker Ian McCafferty, a renowned hawk, who has voted in favor a hike most number of times over the past four years, said that the probability of a hike as the...
Central Bank of Turkey keeps key interest rate on hold
Dec 20, 2016 12:43 pm UTC| Commentary Central Banks
The Monetary Policy Committee of the Central Bank of Turkey has decided to keep the key interest rate unchanged today. The Committee kept the Marginal Funding Rate at 8.5 percent and borrowing rate at 7.25 percent. The...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight