Fed rate hike odds climb ahead of NFP
Sep 02, 2016 11:51 am UTC| Commentary Central Banks
From just 12 percent in July, the probability of a rate hike from the U.S. Federal Reserve has risen to 60 percent. Several hawkish speeches by FOMC members at Jackson Hole Symposium in August pushed the probability higher...
Riksbank likely to keep monetary policy on hold in September
Sep 02, 2016 10:27 am UTC| Commentary Central Banks
Trends in Sweden have been mainly consistent with the Swedish central banks forecasts from July. This implies that the Riksbank would keep its monetary policy on hold next week during its meeting, said Nordea Bank in a...
MAS eases property refinancing rules; central bank likely to keep policy on hold in October
Sep 02, 2016 08:39 am UTC| Commentary Central Banks
Singapores central bank, the Monetary Authority of Singapore, has eased rules of property refinancing. With immediate effect, current property owners would be exempted from a 60 percent cap of salary on their total debt...
Australian small businesses could be stretched by changes to commercial credit cards
Sep 02, 2016 06:41 am UTC| Insights & Views Business Central Banks
Small to medium enterprises (SME) are increasingly relying on commercial credit cards to finance their operations, because payment terms for the businesses they supply are stretching out. But if the Reserve Bank of...
ECB unlikely to make any changes to monetary policy stance in September
Sep 01, 2016 12:36 pm UTC| Commentary Central Banks
The European Central Bank Governing Council is unlikely to make any alterations to the monetary policy stance during its meeting next week, noted Nordea Bank in a research report. Even if very low inflation might warrant...
Brazil central bank keeps borrowing costs on hold for the ninth straight session
Sep 01, 2016 12:00 pm UTC| Commentary Central Banks
The central bank of Brazil kept borrowing costs on hold consecutively for the ninth monetary policy meeting, as the economy struggles with a widening recession, deep inflationary pressures and the recent fallout from the...
Impressive comeback of dollar unlikely to sustain
Sep 01, 2016 10:24 am UTC| Commentary Central Banks
Riding on the optimism of an upcoming rate hike as early as September, after several policymakers in Kansas City organized Jackson Hole Economic Symposium hinted at the ideas of supporting a hike as early as next month;...
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