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...

Zloty ignores NBP rate cut warning, firms against the Euro

Mar 15, 2016 14:28 pm UTC| Commentary Central Banks

Polish central bank kept its 1.5 percent main interest rate on hold, as widely expected. The central bank chose not to follow the monetary easing by the ECB but slashed 2016 inflation forecast from 1.1% (as of Q4) right to...

Currency War Series

BoE to vote unanimously in favour of holding rates, pound to see little impact

Mar 15, 2016 13:54 pm UTC| Commentary Central Banks

Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and is expected to vote unanimously in favour of leaving rates unchanged. The meeting is likely to be a...