Australia's growth forecast looks on track
Oct 30, 2015 06:22 am UTC| Commentary Central Banks
The November RBA Board meeting is, along with the February, May and August meetings, of special significance, because it includes the discussion of new comprehensive forecast revisions, which can trigger a change of...
ECB likely to revise its optimistic views of a sizeable recovery
Oct 30, 2015 06:15 am UTC| Commentary Central Banks
Resilient Euro economy in the near term, but the lending channel is not working. The flow of data over the past two weeks has proven better than expected. The euro area continues to show resilience, helped by robust...
Likelihood of ECB's December action rising
Oct 30, 2015 06:06 am UTC| Commentary Central Banks
Last week after the ECB meeting, a December move was seen as less likely, but still very possible, than a March 2016 move. A series of developments (dovish tone from ECB board members, weakness in credit dynamics, Fed...
Mexico monetary policy on hold, inflation should be close to 3% in 2016
Oct 29, 2015 21:03 pm UTC| Commentary Economy Central Banks
Banxico decided to maintain the reference rate at 3.00% as expected. The press release highlights that the balance of risks to growth has worsen since the previous meeting while the inflation outlook remains the same,...
Russia’s central bank to cut the key rate by 50bp
Oct 29, 2015 20:49 pm UTC| Commentary Central Banks
Russias central bank (the CBR) will announce its monetary policy decision this friday at 11.30 CET. The key rate is expected to be lowered by 50bp to 10.50%, while consensus is split between a 50bp cut and no change. It is...
ECB meeting: Dovish tone from ECB board members
Oct 29, 2015 20:33 pm UTC| Commentary Central Banks
After the press conference held by president Draghi, who has a good track record of being ahead of the market, ECB board members (Praet, Constancio, Coeuré) signalled significant dovishness, indicating that the ECB...
CBR rate decision preview: time to resume easing
Oct 29, 2015 15:22 pm UTC| Commentary Central Banks
This Friday (30 October 2015) at 11:30 CET Russias central bank (the CBR) will announce its monetary policy decision. Economists expect the key rate to be lowered by 50bp to 10.50%, while consensus is split between a 50bp...
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
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