Polish central bank signals possibility of rate hike in H2 2017
Sep 08, 2016 08:41 am UTC| Insights & Views Economy Central Banks
Polish 10-member Monetary Policy Council left the seven-day reference rate at 1.5 percent Wednesday largely in line with expectations. The central bank, which ended an easing cycle in March last year, also kept its lombard...
Bank of Canada keeps policy rate unchanged, likely to remain on hold through 2017, 2018
Sep 08, 2016 04:40 am UTC| Commentary Central Banks
As widely projected, the Bank of Canada maintained its key interest rate at 0.5 percent yesterday during the policy meeting. The Canadian central bank continues to anticipate a sound economic growth in the second half of...
Chart of the Day: QE-a success or failure?
Sep 07, 2016 14:01 pm UTC| Commentary Central Banks
This fantastic chart from Citi Research and Haver analytics gives a perspective of failure of the policies that the central banks have been advocating since the crisis. It also points to the fact that the effectiveness of...
ECB likely to announce six-month extension of asset purchase program
Sep 07, 2016 12:20 pm UTC| Commentary Central Banks
The European Central Banks ability to keep its wait-and-see stance is coming to an end. Given that the euro area economic data is indicating resilience to the Brexit vote and an anticipated increase in headline inflation,...
Bank of Canada monetary policy preview
Sep 07, 2016 11:14 am UTC| Commentary Central Banks
Today Bank of Canada (BOC) is to provide further guidance in policy meet. The result to be announced at 14:00 GMT. Current policy measures BOC is maintaining overnight deposit rate at 0.5 percent The core...
Fed Hike Aftermath Series: Dollar weakened as September rate hike probability dives
Sep 07, 2016 10:37 am UTC| Commentary Central Banks
The dollar has taken a major beating this weekafter several US economic data surprised the market to the downside. First the ISM manufacturing PMI last Thursday showed that the sector has shrunk in August unexpectedly....
Bank Negara remains on hold post July’s surprise cut; policymakers await upcoming budget
Sep 07, 2016 09:42 am UTC| Commentary Economy Central Banks
The Malaysian central bank held fire at its monetary policy meeting held Wednesday, after unleashing a surprise rate cut in July, for the first time in seven years. Also policymakers are closely awaiting the upcoming...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects