RBNZ to hold OCR at 2.75% in October OCR review
Oct 26, 2015 21:30 pm UTC| Commentary Central Banks
The OCR is expected to remain on hold at 2.75% in the October OCR review. The strong housing market and a less dire outlook for dairy prices favour a pause; however, the bounce in the NZ dollar will be a concern for the...
BoJ’s printing press may soon run even faster
Oct 26, 2015 17:00 pm UTC| Commentary Central Banks
Economists expect the Bank of Japans decision at its meeting on Friday to be a close call. At the end of the day the central bank will probably decide to ease monetary policy further. It is expected that the BoJ wants to...
Bank of Israel on hold, worried about ILS strength, deflation, and tepid growth
Oct 26, 2015 16:27 pm UTC| Commentary Central Banks
The Bank of Israel (BoI) kept its 0.10% base rate on hold, as expected. It is believed that, BoI has no appetite to loosen monetary policy under the current circumstance even though it remains concerned about the very low...
Oct 26, 2015 16:17 pm UTC| Commentary Central Banks
For the October FOMC meeting, markets and the Fed are reasonably well aligned: markets do not appear to expect the Fed to hike, and economists view the Fed will stand pat. However, market pricing diverges sharply from Fed...
Tough time for FOMC as foreign counterparts to ease
Oct 26, 2015 13:40 pm UTC| Insights & Views Central Banks
FOMC participants in spite of strong indication of intention to hike rates this year has been struggling to decide on appropriate time and now looking beyond to next year. Second quarter, June rate hike got hampered...
ECB set to unleash further monetary stimulus through hints on easing
Oct 26, 2015 13:24 pm UTC| Insights & Views Central Banks
The ECB chief Mario Draghi updated last weekend that the central bank is observing and evaluating new stimulus measures that could be unveiled as soon as December and is prepared to cut its deposit rate deeper into...
UK’s manufacturing loses steam, throws fresh doubts over BOE hawkish outlook
Oct 26, 2015 12:09 pm UTC| Insights & Views Central Banks
Bank of England (BOE) officials have remained positive over UKs economy, however survey by conference board saying otherwise. According to CBI, manufacturing growth has stalled due to weakness in both domestic and...
Labour can afford to be far more ambitious with its economic policies – voters are on board
Elon Musk vs Australia: global content take-down orders can harm the internet if adopted widely