Why has CBRT remained unchanged in monetary policy stance?
Apr 21, 2016 06:45 am UTC| Commentary Central Banks
Turkish central bank (Central Bank of Republic Turkey) left its benchmark one-week repo rate unchanged at 7.5% on April 20th, as widely expected, saying it will maintain the tight monetary policy stance considering the...
Briferendum Series: Carney defends BOE’s right to speak on Brexit
Apr 20, 2016 10:41 am UTC| Commentary Central Banks
Bank of England (BOE) governor Mark Carney, while speaking last night, defended the central banks right to speak on Brexit and warn as necessary from the uncertainties that may arise from the event. Over the past weeks,...
Apr 20, 2016 06:43 am UTC| Commentary Central Banks
The BoJs negative rate policy was the right decision, as without the move JPY could be much stronger. Ms Masai, as a new BOJ board member comments on strong concerns over the recent JPY appreciation and its impact on the...
BoK on hold, likely to cut 25bp in Q2
Apr 19, 2016 13:35 pm UTC| Commentary Central Banks
The BoK kept its policy rate on hold at 1.50% in the April meeting, in line with consensus expectations. The decision was not unanimous. Ha Sung-keun dissented and called for a cut for the third consecutive meeting. The...
BoK may lower interest rate in Q2 2016 if economic data fails to recover in following months
Apr 19, 2016 08:48 am UTC| Commentary Central Banks
The Bank of Korea maintained its policy rate at 1.5% today, on par with consensus expectations. BoK governor Lee had given solid forward guidance recently that the central bank will not hurry into lowering rates....
Aussie touches 10 month High against Dollar on RBA’s “very”
Apr 19, 2016 08:01 am UTC| Commentary Central Banks
In its minutes of April meeting, released today, Reserve Bank of Australia (RBA) has introduced a four letter word that has been driving Aussie since the morning. Australian Dollar, traded 0.78 against Dollar today, a...
Can we believe what the Treasury says about the cost of Brexit?
Apr 19, 2016 06:53 am UTC| Insights & Views Central Banks
Theres a high price to be paid if Britain leaves the European Union, according to the UKs Treasury forecasts. Leaving the EU would cost the average household 4,300 per year, it is suggested. But Chancellor George Osborne...
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