FxWirePro: Fed’s three rate hikes in 2017 likely to push U.S. 10-year Treasury yields to 3 pct mark

Dec 15, 2016 12:35 pm UTC| Insights & Views Commentary

The Federal Open Market Committee increased the fed funds rate to a 0.50-0.75 percent range, as widely expected on later Wednesday. The statement noted that information received since the November meeting indicates that...

BoK maintains stable policy rate, in line with market expectations

Dec 15, 2016 12:11 pm UTC| Commentary Economy Central Banks

Bank of Korea maintains the policy rates at 1.25 percent at the monetary policy meeting held Thursday, line with market expectations. While trade growth remained lukewarm, South Koreas growth for the first...

Bank Indonesia keeps interest rate unchanged at 4.75 pct, likely to remain on hold in 2017

Dec 15, 2016 12:09 pm UTC| Commentary Central Banks

As widely anticipated Bank Indonesia kept its 7 day reverse repo rate on hold at 4.75 percent during its meeting today. The central bank projects a subdued global economic rebound, but it foresees earlier reductions in the...

U.S. inflation numbers a key to further Fed rate hikes

Dec 15, 2016 11:56 am UTC| Commentary Economy Central Banks

The FOMC meeting yesterday projected three rate hikes for the next year, however, the actual path would depend lots on inflation figures over the year. Today, at 13:30 GMT, November inflation figures will be released from...

BOE monetary policy preview

Dec 15, 2016 11:43 am UTC| Commentary Central Banks

The pound has been the top performer among the majors over the past two months and it might gain a firmer footing if the Bank of England (BOE) chooses to not to ease policy. The pound is up 2.2 percent against the dollar...

Polish wage growth seems to have continued accelerating in November

Dec 15, 2016 11:18 am UTC| Commentary

Polands wage growth is likely to have continued accelerating in November. According to a Societe Generale research report, Polish wage growth is expected to have accelerated slightly from 3.6 percent in October to 3.9...

U.S. consumer price inflation likely accelerated in November, core inflation to have remained subdued

Dec 15, 2016 11:17 am UTC| Commentary

U.S. headline consumer price inflation is likely to have accelerated again in November, whereas the core inflation is expected to have subdued again. In October, core inflation rose 0.149 percent, slightly weaker than...