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Central Banks

Thu, May 23, 2024 02:28 PM All times are UTC

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BoE’s MPC likely to vote unanimously to keep policy unchanged

Mar 16, 2016 12:32 pm UTC| Commentary Central Banks

BoEs recent Inflation Report meeting had given the key opportunity every quarter to update its macro forecasts and also its policy message. This was a very dovish message. The projections are conditioned on the market OIS...

Central Bank of Chile likely to keep rates unchanged on deteriorating growth outlook

Mar 16, 2016 12:07 pm UTC| Commentary Central Banks

Chiles central bank, in recent months, had adopted a wait-and-see strategy after its hawkish moves in Q4 2015. However, the recent statements by BCCh have been dovish, reflecting deteriorating domestic and global growth...

Poland revises inflation rate for January and February, NBP to eventually cut rates in 2016

Mar 16, 2016 10:45 am UTC| Commentary Central Banks

Polands Stat Office has published new inflation data for the first two months of 2016 as it revised its weights for the CPI basket. Using the new weights, Januarys inflation data was downwardly revised to -0.9% from -0.7%....

Utilities to benefit biggest from ECB corporate bond purchase

Mar 16, 2016 10:23 am UTC| Commentary Central Banks

Last week, European Central Bank (ECB) president Mario Draghi delivered a comprehensive easing package, which includes buying of corporate bonds. Our analysis of the eligible QE universe showed, while it would be...

What to watch out from FOMC ahead?

Mar 16, 2016 08:12 am UTC| Commentary Central Banks

We expect a great deal of debate among FOMC policymakers over the path of hike. Last time when the committee met, it was back in January, time of weaker economic dockets, lower oil price and massive volatility in financial...

BOJ offers to buy 1.27 tln yen JGBs with residual maturities outright from 3/18

Mar 16, 2016 01:11 am UTC| Central Banks

BOJ offers to buy 400 bln yen JGBs (Residual maturity of 1YR to 3YR) outright from 3/18 BOJ offers to buy 420 bln yen JGBs (Residual maturity of 3YR to 5YR) outright from 3/18 BOJ offers to buy 450 bln yen JGBs...

Explainer: what is the ECB 'bazooka' and will it spur a eurozone recovery?

Mar 15, 2016 23:00 pm UTC| Insights & Views Central Banks

The European Central Bank has introduced a slate of new measures to try and bolster growth in the eurozone. Some have referred to Mario Draghi, the ECB president, as bringing out his bazooka. Faced with the threat of...

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Economy

The budget is full of good news, but good news isn’t the same as good management

This years budget has something for everyone, with very little in the way of cuts and no new taxes. Its a classic good news pre-election budget. Whether it is too good to be true hinges on whether this budget...

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Politics

Why is the government proposing caps on international students and how did we get here?

The federal government is due to introduce legislation on Thursday to enable new caps on the number of international student places at educational institutions in Australia. These include universities, TAFEs and private...

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

SEC Ethereum ETF Approval Sparks Speculation: Solana ETF Next? Expert Opinions Weigh In

The crypto community is abuzz as experts speculate on Solanas potential for ETF approval following the SECs groundbreaking decision on an Ethereum ETF. Ethereum ETF Approval Ignites Speculation: Could Solana Be the Next...

Tesla Pushes Suppliers to Produce Parts Outside of China and Taiwan

Tesla has urged suppliers to begin producing parts outside China and Taiwan next year, citing geopolitical risks in Greater China. The move aims to develop alternative supply sources for non-China markets to avoid...

Shiba Inu (SHIB) Joins Solana Exchange; SHIB Skyrockets 569% with 12.7 Million Burned

Shiba Inu (SHIB) joins the major Solana-centered exchange Backpack ranks, boosting its adoption. Meanwhile, SHIB skyrockets 569% in critical metrics, with 12.7 million Shiba Inu scorched in 24 hours. Shiba Inu (SHIB)...

Hong Kong Regulator Orders Worldcoin to Cease Operations Over Privacy Concerns

The Hong Kong privacy regulator has ordered Worldcoin to stop collecting biometric data, citing unnecessary and excessive privacy violations. This is a significant setback for the global identity project. Worldcoin,...

US House Approves FIT21 Crypto Bill with Bipartisan Support, Signaling Regulatory Shift

In a significant legislative move, the US House of Representatives has approved the FIT21 crypto bill with strong bipartisan support, aiming to provide clear regulatory guidelines for digital assets. House Passes FIT21...