
Market underestimates FED’s hike intention
Apr 21, 2016 09:52 am UTC| Commentary Central Banks
At the end of last it would have been fair to say that FED has been overestimating its hike capacity with policymakers projecting 100 basis point hike this year but I think it the market participants this time around, who...
FED Hike Aftermath Series: Hike probabilities review
Apr 21, 2016 07:12 am UTC| Commentary Central Banks
As Dollar has been weakening steadily since Janet Yellen assured that monetary policy accommodation to be removed only gradually, Market has been a lot more dovish in its projection of FOMC rate. While March FED...

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....