Why the Reserve Bank should resist calls to alter its inflation range
May 17, 2016 02:57 am UTC| Insights & Views Central Banks
For economists and others who grew up being challenged to achieve low and stable inflation against the background of high and volatile inflation rates that emerged in Western countries in the 1970s (and persisted in...
BoJ fails to incorporate stimulus program to revive ailing economy
May 16, 2016 12:45 pm UTC| Commentary Central Banks Economy
The Bank of Japan has failed on its attempts to boost the ailing Japanese economy, even after adopting measures to boost inflation to its 2 pct inflation target, Bloomberg reported. On the financial front, stocks have...
BSP introduces narrower interest rate corridor, to implement in June
May 16, 2016 09:38 am UTC| Commentary Central Banks
The Philippines central bank established a narrower interest rate corridor. It announced the Lending Rate as the ceiling rate at 3.5%, replacing the repo rate of 6%. The reverse report rate is replaced by the new Borrowing...
Briferendum Series: BOE likely to execute 2009 like policies in the event of Brexit
May 16, 2016 08:44 am UTC| Commentary Central Banks
One of the biggest risk, both United Kingdom and Bank of England (BOE) facing is stagflation. Market participants have priced a much weaker Pound in the event of an exit and weaker Pound may lead to sharp rise in...
Bank Of Japan To Research Impact Of Blockchain Technology On Financial Market Infrastructure
May 16, 2016 05:16 am UTC| Digital Currency Central Banks
Blockchain technology that underpins digital currencies such as bitcoin continues to garner attention across multiple industries and sectors. Central banks are also gradually warming up to this novel technology and...
May 13, 2016 10:23 am UTC| Commentary Central Banks
The central bank of Norway left its benchmark interest rate on hold at 0.5% on May 12th, 2016 as widely expected, following a 25 bps cut in March. Policymakers said developments since last meeting were in line with...
Kenya Central Bank Governor comments on more policy easing
May 13, 2016 09:51 am UTC| Commentary Central Banks
Kenya Central Bank Governor Njoroge on Thursday said that there is enough room to ease policy in Africas biggest economy as inflation hit governments target range of 2.5-7.5 pct, coming in at 5.3 pct. Expectations have...
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