Key comments from Fed's Eric Rosengren
May 23, 2016 07:49 am UTC| Commentary Central Banks
Speaking with Financial Times, Boston FED chief, Eric Rosengren said according to him, U.S. economy is on the verge of meeting the criteria, required for a rate hike in June. In recent week, especially in the last one,...
Japan likely to introduce fiscal stimulus package, BoJ expected to further ease monetary policy
May 23, 2016 06:20 am UTC| Commentary Central Banks
During the upcoming G7 summit in Japan on 26-27 May, Japan is likely to lead the flexible fiscal policy management, said Barclays in a research report. Japans public sector expenditure is likely to be normal again post...
Danmarks Nationalbank likely to intervene in FX to support EUR/DKK in coming months
May 20, 2016 12:33 pm UTC| Commentary Central Banks
In April, the Danish central bank did not sell the Danish krone in FX intervention after the EUR/DKK pair dropped to 7.4400. The pair dropped below 7.4400 at the starting of this month. The Danmarks Nationalbank (DN) is...
William Dudley: Hawks of same feather
May 20, 2016 12:02 pm UTC| Commentary Central Banks
Market should listen! Several policymakers in past several days, weeks have warned about June meeting being alive and there could be two or three rate hikes on the table. Names include, Boston FED chief Rosengren,...
China’s loans shrink on a successful bond swapping program
May 20, 2016 07:24 am UTC| Commentary Central Banks
Chinas loans shrank significantly in April, compared to that in March on an unsuccessful program adopted by the government to swap local government debt for cheaper municipal bonds. No less than RMB 350 billion of such...

ECB’s frustrations with governments unlikely to see an end
May 20, 2016 06:36 am UTC| Commentary Central Banks
In recent days, many policymakers in European Central Bank (ECB), including President Mario Draghi, Bundesbank chief Jens Weidmann have voiced against German criticism over how ECB policy is affecting savings, delaying...
May 19, 2016 12:39 pm UTC| Central Banks Commentary
Global markets turned weaker on Wednesday after a hawkish FOMC statement heightened the chances of a rate hike in June. US dollar rallied against most of the majors, with the dollar index trading above the 95 level. Dollar...