Hungary's MNB likely to hold its rate unchanged

Nov 17, 2015 09:12 am UTC| Commentary Central Banks

Todays MNBs meeting is unlikely to change its bank rate. The MNB is expected to hold its rates unchanged at 1.35%. The market is eagerly waiting for minutes of MPC meeting that whether it will give any indication of...

BoE likely to follow Fed's rate hike

Nov 17, 2015 08:04 am UTC| Commentary Central Banks

U.K. consumer price data is likely to release today. The consumer price data will confirm whether the Bank of England (BoE) will follow the Feds rate hike. Analysts assume that BoE may hike rates some time after Feds hike....

Eyes on Bank Indonesia’s policy statement

Nov 17, 2015 01:36 am UTC| Commentary Central Banks

Expect Bank Indonesia (BI) to keep its key BI rate unchanged on Tuesday. While the October policy statement sounded dovish, there seemed to be little conviction whether a rate cut is necessary at this juncture. Recent...

Fed rate hike in December could force BI to remain on hold

Nov 16, 2015 23:34 pm UTC| Commentary Central Banks

The Bank of Indonesia (BI) is expected to remain on hold at its monetary policy meeting in November. Indonesias October CPI printed at 6.25% yoy, marking the second consecutive month of sub-seven percent inflation, and is...

BoJ softens calendar-based commitment to inflation

Nov 16, 2015 23:26 pm UTC| Commentary Central Banks

BoJ extended the timeframe for achieving 2% inflation by another six months to around H2 FY16 and cut its core CPI forecast while keeping its monetary policy unchanged. Governor Kuroda emphasized that an upward momentum of...

Some dovish signals from the BOE

Nov 16, 2015 22:45 pm UTC| Commentary Central Banks

While Fischer was candid in his explanations about the transmission of the exchange rate on US output and inflation, it can be assumed that all other central banks will be doing similar analysis. In fact, since the US...

Currency strength could rein in the Fed hawks

Nov 16, 2015 22:30 pm UTC| Commentary Central Banks

The US has seen a substantial impact from USD strength in recent years. Despite being less open than other developed economies, US GDP growth has been impacted by lower net exports while inflation pressures have been...