Yellen's speech strongly signals beginning of rate-hiking cycle in December

Dec 03, 2015 05:34 am UTC| Commentary Central Banks

US Federal Reserve Chair person Jannet Yellen started her speech discussing the cumulative progress made in reaching Feds dual mandate and spoke about substantial improvement in labor markets. She said the committee stays...

ECB's September projection of core inflation rise in 2016 at risk?

Dec 03, 2015 04:12 am UTC| Commentary Central Banks

Euro zones November underlying price momentum, which is based on inflation rate without the volatile prices for energy, food, alcohol and tobacco declined to 0.9% again. This brings in a risk of unlikeliness in the ECBs...

November CPI affirms ECB action today

Dec 03, 2015 02:47 am UTC| Commentary Central Banks

November inflation (advance) reinforced expectations that the European Central Bank (ECB) will embark on further monetary stimulus today. Headline inflation rose 0.1% YoY, steady from month before but below expectations....

RBI address liquidity shortfall

Dec 03, 2015 02:37 am UTC| Commentary Central Banks

A day after holding the benchmark rates steady, the central bank stepped in to address the on-going liquidity shortfall. At its policy review, the Reserve Bank of India acknowledged the liquidity crunch in Oct-Nov on...

Chair Yellen distilled the key themes for the US economy and the interest rate outlook overnight

Dec 02, 2015 23:44 pm UTC| Commentary Economy Central Banks

Overnight, Chair Yellen began a two-day engagement in Washington with an address to its Economic Club (to be followed by testimony before the Joint Economic Committee tomorrow). Being the final major addresses made by...

RBNZ MPS preview: OCR decision is a close call

Dec 02, 2015 23:08 pm UTC| Commentary Central Banks

Some OCR decisions are clear cut affairs, and others are uncertain right through to the last minute. Next weeks December Monetary Policy Statement is of the uncertain variety, which will make it a key event for markets....

Fed Chair Janet Yellen sends a strong signal for a December hike and gradual pace thereafter

Dec 02, 2015 21:43 pm UTC| Commentary Central Banks

Fed Chair Yellen opened her speech discussing the cumulative progress that has been made in achieving the Feds dual mandate. She noted the substantial progress made in labor markets, but said the committee remains short of...