Fed makes modest changes to growth projections

Sep 18, 2015 04:57 am UTC| Commentary Central Banks

The Fed made modest changes to the growth projections, which suggests that it does expect the tightening of financial conditions to be a drag on growth. The Fed expects growth to average 2.1% in 2015. With growth in the...

RBA's Stevens says lower AUD assisting economy, but growth not fast enough

Sep 18, 2015 04:18 am UTC| Commentary Central Banks

Reserve Bank of Australia Governor Glenn Stevens told Australias parliament on Friday that the lower Australian dollar is having a bigger impact on the economy now, but that growth is still not as fast as hoped...

What if Fed raises rate?

Sep 17, 2015 07:58 am UTC| Insights & Views Central Banks

With only three FOMC meetings left over this for this year we should now be approaching crunch time. However, members have sounded more cautious of late, as uncertainties about the Chinese economy have come to the fore....

What can we expect from the SNB tomorrow?

Sep 16, 2015 15:26 pm UTC| Commentary Central Banks

The latest macro-economic data are a little bit better than expected in Switzerland. After the contraction in the first quarter, the second quarter in Switzerland turned out to be much better than expected (0.2% QoQ versus...

The BOJ didn’t signal further easing

Sep 16, 2015 02:17 am UTC| Commentary Central Banks

The Bank of Japan kept its QE program unchanged yesterday. During the policy statement, the central bank cut the assessment on exports and production, citing the slowdown in emerging economies. But it remained confident...

Is it time for Fed to hike or not September?

Sep 16, 2015 01:52 am UTC| Commentary Central Banks

To hike or not September is a close call. Debate has been loud and public. Fed officials are divided: two or three clearly want to move; one or two do not. The remainder, including Yellen, have been quiet. Outside the Fed,...

BOE rate hike promise not so convincing at zero inflation

Sep 15, 2015 17:40 pm UTC| Insights & Views Central Banks

Today, some of the measures of inflation in UK improved but levels of inflation that can be considered as normal, still very far away. Given such, though Bank of England policymakers said they would consider hiking...