Minutes to provide BCB’s take on BRL and its implications for inflation

Sep 09, 2015 22:19 pm UTC| Commentary Central Banks

The BCB kept the Selic target unchanged at 14.25% at its September Copom meeting. While this was not the baseline assumption, the decision was not surprising in light of the hint given at the July Copom meeting. Although...

BoE to sound slightly more dovish

Sep 09, 2015 20:53 pm UTC| Commentary Central Banks

The world looks a more worrying and worried place. The BoE will have to recognise that, which could give a more dovish feel to Thursdays BoE policy meeting minutes. There is no need for the BoE to sound hawkish right now....

Canada's policy interest rate unchanged as economy evolves in line with BoC expectations

Sep 09, 2015 18:13 pm UTC| Commentary Central Banks

The Bank of Canada left its key policy rate unchanged at 0.50% today. The Bank judges the current level to be appropriate following its decision to cut the rate from 0.75% in July. Inflation continues to move in line...

RBNZ monetary policy preview

Sep 09, 2015 12:52 pm UTC| Insights & Views Central Banks

Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 21:00 GMT. Economic condition - New Zealands economy overall remained robust throughout past years however as of...

Is BOC waiting for the Fed?

Sep 09, 2015 07:33 am UTC| Commentary Central Banks

The sharp rise in oil prices off their lows over the past 10 days, better-than-expected Q2 GDP print, a second trade balance beat driven by strong non-energy exports likely reduces the risks of a September cut, as noted...

RBNZ to cut key rate further on China risks

Sep 09, 2015 07:19 am UTC| Commentary Central Banks

New Zealands most important trade partner is China where economic developments look a lot less encouraging. That means mainly one thing for the RBNZ: it has to bank even further on a weak NZD so as to compensate for weaker...

BoC to remain on hold

Sep 09, 2015 07:09 am UTC| Commentary Central Banks

As a direct neighbour and thus the major trading partner developments in the US are of particular relevance for the Canadian economy and therefore for the Bank of Canadas (BoC) monetary policy. At present this is causing...