SARB to refrain from hiking rates in July, may hike by end-2016 if CPI surprises
Jun 22, 2016 12:09 pm UTC| Insights & Views Central Banks Commentary Economy
South African Reserve Bank (SARB) will announce its interest rate decision on 21 July. In mid-May the SARB took a break in the rate hike cycle but openly admitted its dilemma between a weak real economy and high inflation...
Philippines CB likely to stay on hold on concerns of global volatility
Jun 22, 2016 11:35 am UTC| Commentary Central Banks
The Bangko Sentral ng Pilipinas (BSP) is expected to keep the policy rate unchanged at the monetary policy meeting this Thursday given the ongoing global market volatility and shaky risk appetite. The central bank of...
FED Hike Aftermath Series: Hike probabilities review post Yellen testimony
Jun 22, 2016 10:01 am UTC| Commentary Central Banks
Federal Reserve Chair Janet Yellen said she would carefully gauge when to raise rates again as the central bank will have to assess that economic growth is on theright track and labour market conditions are improving after...
Bank of Thailand stays pat on uncertainty over Brexit referendum
Jun 22, 2016 09:14 am UTC| Central Banks Commentary Economy
The Bank of Thailand in its monetary policy meeting held today, maintained status quo, on rising uncertainty over Thursdays Brexit referendum. Further, global financial markets remain choppy ahead of Britains election to...
ECB’s free money stimulus begins today
Jun 22, 2016 08:40 am UTC| Commentary Central Banks
In March European Central Bank (ECB) launched a package of stimulus measures, some of which has already kicked in such as anincrease in asset purchases and buying of corporate bonds and today, another measure, free money...
National Bank of Hungary to keep policy loose; raises 2016, 2017 inflation outlook
Jun 22, 2016 07:12 am UTC| Commentary Central Banks
The Hungarian central bank, MNB, kept its policy rate on hold at 0.9 percent on Tuesday. It also kept the overnight collateralised lending rate and overnight deposit rate unchanged at 1.15 percent and -0.05 percent...
PBoC considers permitting commercial banks to participate in offshore yuan trade
Jun 22, 2016 06:31 am UTC| Commentary Central Banks
On Tuesday, the Peoples Bank of China (PBoC) mentioned that it is considering permitting onshore commercial banks to take part in offshore yuan trade. This is the central banks another action to internationalize the yuan...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects