China's growth outlook likely supports Fed 's December lift-off
Sep 29, 2015 03:28 am UTC| Commentary Central Banks
When the reliability of Chinese indicators is qustioned to Fed, a 2013 Economic Letter from the San Francisco Fed1 compared the official GDP data with several alternative indicators constructed from high-frequency data...
Reserve bank of India to cut policy rate by 25bp
Sep 28, 2015 21:24 pm UTC| Commentary Central Banks
With the US Fed deciding to remain on hold, the Reserve Bank of India (RBI) now has a window of opportunity to ease its policy rate a final time in 2015 before likely opting for a pause. A cut was expected at the December...
The 60 billion EUR question: can the ECB repeat the trick?
Sep 28, 2015 17:46 pm UTC| Commentary Central Banks
It is becoming clearer to markets the ECB is about to embark on another round of QE. So why is the EUR not a lot lower in anticipation of further QE? What has been seen historically is that the anticipation of QE drives...
Slower job growth not an obstacle for the Fed
Sep 28, 2015 16:50 pm UTC| Commentary Central Banks
Job growth has been running at an impressive pace since early last year, pushing the unemployment rate from 6.6% to 5.1% - very close to the assumed level of NAIRU (around 5.0%). The rapid job growth has been helped along...
FED’s Dudley rejects criticism over forward guidance reiterates 2015 rate hike
Sep 28, 2015 15:06 pm UTC| Insights & Views Central Banks
William C Dudley, President at New York Federal Reserve, has rejected the criticism that FED is creating more confusion over its rate hike communication. Expectations of rate hike from FED was initially focused on June,...
Sep 28, 2015 12:54 pm UTC| Insights & Views Central Banks
Reserve Bank of India (RBI) is expected to announce monetary policy decisions at 5:30 GMT tomorrow, which will follow speech from Governor Raghuram Rajan. After three rate cuts so far this year, market is expecting...
Indian disinflation leads pressures on RBI easing
Sep 28, 2015 12:46 pm UTC| Insights & Views Central Banks
Strong disinflation opens room for further RBI easing, the disinflation in India has been strong and broad-based since H2 2014, reflecting markedly better food price management, sustained idle industrial capacity, lower...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects