Poland’s retail sales and industrial output data soften in May; keeps door open for rate cuts

Jun 20, 2016 09:11 am UTC| Commentary Economy Central Banks

Polands retail sales and industrial output data for May came in below expectations. In seasonally adjusted terms, industrial output declined 0.9 percent on sequential basis as compared with the 2.4 percent month-on-month...

Currency War Series

RBI Governor to return to academia; August rate cut decision to depend on June inflation figures

Jun 20, 2016 07:02 am UTC| Commentary Central Banks Economy

On Saturday, RBI Governor Raghuram Rajan told the RBI staff that he will return to academia after his term with the RBI ends on September 4. There were some negative reactions in the local markets as the exit of Rajan...

Philippines imports likely to grow on higher demand of capital goods

Jun 20, 2016 06:46 am UTC| Central Banks Commentary

Philippines imports data, due to be released late this week, is expected to rise, indicating continued robust demand. This is primarily due to surge in imports of capital goods during the first quarter of this year, driven...

What sort of Reserve Bank governor will Philip Lowe be?

Jun 20, 2016 06:20 am UTC| Insights & Views Central Banks

Glenn Stevens ten year stewardship of the Reserve Bank of Australia has been characterised by remarkable challenges. Yet, if the Australian economy has shown considerable resilience over this troubled decade, particularly...

Bank Indonesia eases policy rate for fourth time this year on weak inflation outlook

Jun 17, 2016 12:20 pm UTC| Central Banks Commentary

The Bank of Indonesia cut the policy rate by 25bps to 6.50 percent last Thursday and also trimmed its seven-day repo rate to 5.25 percent. This was the fourth rate cut this year with the central bank taking advantage of...

BoT likely to remain on hold ahead of Brexit referendum

Jun 17, 2016 10:06 am UTC| Commentary Central Banks

The Bank of Thailand is likely to maintain status quo at its upcoming monetary policy committee meeting on June 22 despite the International Monetary Fund urging policymakers to ease monetary policy to support growth and...

Oil price decline likely to bring US inflation's expectations to lowest level since 2008-09 crisis

Jun 17, 2016 09:59 am UTC| Commentary Central Banks

Inflation expectation is the United States as measured by 5year-5 year (5y-5y) forward inflation expectation rate is reaching for the bottom it made in February. The forward inflation expectations dropped to 1.42 percent...