US Fed likely to hold funds rate target in March
Jan 28, 2016 06:15 am UTC| Commentary Central Banks
The US Fed maintained the Fed funds rate target at 0.25-0.50, on par with expectations. Nevertheless, there were many changes to the central banks statement that indicate that the Fed might keep the rates on hold in March....
RBNZ maintains benchmark rate at 2.5%, keeps door open for additional easing
Jan 28, 2016 05:25 am UTC| Commentary Central Banks
The Reserve Bank of New Zealand has maintained its Official Cast Rate (OCR) at 2.5%, on par with expectations, after lowering the rate by 25bp in December. However, the central bank took a more dovish angle, opening the...
Mixed data ahead of the BOJ meeting
Jan 28, 2016 02:47 am UTC| Commentary Central Banks
A string of data is due tomorrow morning before the Bank of Japan announces monetary policy decisions. The CPI data should have the most important implications. Industrial production is expected to fall -1% (MoM sa) in...
RBI expected to address liquidity shortfall
Jan 28, 2016 01:59 am UTC| Commentary Central Banks
Indias domestic liquidity conditions remain tight, in the run-up to next weeks Reserve Bank of Indias policy review. Persistent intervention to stabilise the currency, capital outflows and slower government spending have...
Banxico likely to follow Fed for further rate hikes
Jan 27, 2016 23:35 pm UTC| Commentary Central Banks
Mexican economy is likely to boost by service and manufacturing sector. On the other side, construction and mining sector will remain negative for the economy. Recently J.P. Morgan has revised their forecast for the...
Dovish Fed keeps its options open
Jan 27, 2016 20:30 pm UTC| Commentary Central Banks
As expected, the Fed expressed concern about the economic outlook due to the recent market turbulence. But it didnt rule out a rate hike in March. The Fed is expected to postpone the next hike from March to June. As...
FOMC takes center stage as market struggles with bellwether earnings reports
Jan 27, 2016 17:25 pm UTC| Commentary Central Banks
The Federal Reserve will wrap up their January meeting this afternoon, releasing a statement at 2 p.m. Despite the fact that the FOMC is widely expected not to increase rates at this time, there are still a number of key...
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