Hungary's Central Bank likely to cut rates from 1.35% to 1% by mid-2016
Feb 24, 2016 14:51 pm UTC| Commentary Central Banks
Hungarys MPC communication was more dovish than expected. Minutes hinted that inflation forecasts will likely be cut in the March Inflation Report, and that policy could be eased further. The central bank noted lower...
Changes in China's FX policy reiterate the Central Bank's intention for a more flexible RMB
Feb 24, 2016 11:36 am UTC| Insights & Views Central Banks
Some subtle but notable changes are seen in PBoCs FX policy after Chinas return from the New Year holiday on 15 February. PBoCs daily USD-CNY fixings have been showing larger two-way volatility after a period of stability...
BOE governor expresses worries over Pound
Feb 24, 2016 09:21 am UTC| Commentary Central Banks
After the initial jump over deal announcement last week, Pound has dropped sharply against all of its major trading counterparts as well as emerging market currencies. Since Friday, Pound has dropped close to 3% against...
Key commentaries from Stanley Fischer
Feb 24, 2016 07:48 am UTC| Commentary Central Banks
Someone is not worried of market moves! US Federal Reserve vice chair in a speech at energy conference sounded more hawkish than the FED chair Janet Yellen sounded in congress. Key commentaries According to Mr....
Brazilian central bank unlikely to hike rates despite high mid-February inflation print
Feb 24, 2016 07:32 am UTC| Commentary Central Banks
Brazils February IPCA-15 inflation accelerated 1.42% m/m and 10.8% y/y, surprising on the upside. The unexpected gains in apparel prices and broad-based price adjustments in beauty products mainly led to the surprising...
Riksbank minutes - what do they mean for the Krona?
Feb 23, 2016 15:05 pm UTC| Commentary Central Banks
Minutes of the Riksbank meeting of Feb 11th published yesterday showed that the decision taken by Riksbanks Executive Board is a voting result and not a consensus decision. On 11th February the Riksbank lowered its key...
MAS cuts 2016 headline inflation forecast, reflecting deeper decline in global oil prices
Feb 23, 2016 09:33 am UTC| Commentary Central Banks
Singapores headline CPI continued to be in the negative territory in January, dropping 0.6% y/y, the same decline as in December. The drags on headline inflation were due to the weak rental market and private road...
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
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight