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...

BoJ likely to keep its monetary policy unchanged

Nov 16, 2015 21:22 pm UTC| Commentary Central Banks

The BoJ (Thursday) is expected to keep its monetary policy unchanged and retain its assessment of the economy this week after it softened its calendar-based commitment to inflation and Governor Kuroda revealed his...

Watch out for Dovish Draghi and Hawkish Weidmann

Nov 16, 2015 09:58 am UTC| Insights & Views Central Banks

Two of the key speakers from European Central Bank are scheduled to speak today, one a dove, another a hawk. Views are vital to have a feel on, what to expect in European Central Banks (ECB) much awaited December...

Fed’s ISM for October likely to rise to 51.0%

Nov 16, 2015 04:34 am UTC| Commentary Central Banks

In the United States, the Empire State Manufacturing Index for November is expected to release today. In the report, Canvasses of local firms surveyed by the Federal Reserve Banks of New York, Philadelphia and Kansas City...