Bank of Canada maintains policy rate at 0.5 pct; revises down growth projections
Jul 14, 2016 06:14 am UTC| Commentary Central Banks
The Bank of Canada, on Wednesday, maintained its key policy rate at 0.5 percent. Meanwhile, the central bank has lowered the economic growth projection, reflecting the effects of Alberta wildfires, Brexit and weakness in...
Bank of Korea keeps benchmark rate unchanged; lowers growth and inflation outlook
Jul 14, 2016 05:35 am UTC| Commentary Central Banks
The Bank of Korea, on Thursday, kept its base rate on hold at a record low of 1.25 percent, as widely expected by the markets. The monetary policy board projects that the global economy will continue with its weak recovery...
Chart of the Day: Central Banks' standing
Jul 13, 2016 17:23 pm UTC| Commentary Central Banks
This chart from John Kicklighter of dailyfx.com says a lot as it explains the standpoints of key central banks across the globe. It will be interesting to see the curve few months hence as Bank of England (BoE), Bank of...
BoE likely to ease monetary policy by expanding QE program; expected to lower bank rate in August
Jul 13, 2016 12:43 pm UTC| Commentary Central Banks
At the end of June, BoEs (Bank of England)Governor Mark Carney had stated at the end of June that monetary policy easing will likely be required over the summer. There is sufficient evident that the central bank will ease...
Jul 13, 2016 12:30 pm 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 percentage The core...
Comments by Fed's Mester set prelude to heated debate at FOMC
Jul 13, 2016 11:47 am UTC| Commentary Central Banks
Comments from several hawkish FOMC policymakers are suggesting that pre-referendum unity at the monetary policy committee is coming to an end. President of Federal Reserve Bank of Cleveland, Loretta Mester speaking on...
Jul 13, 2016 11:08 am UTC| Central Banks Insights & Views
As a part of Brexit issue, the subject of immigration, potential for conflicts is already emerging, it remains unclear for the time being as to whether the UK will retain free access to the single market, and therefore 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
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects