Poland rate cuts to be priced in?

Oct 28, 2015 06:56 am UTC| Commentary

The National Bank of Poland (NBP) will need new faces over the next year. Nine out of the ten MPC members (including the governors) terms expire during the first half of next year. The Sejm elects three MPC members, the...

Japan's inflationary momentum likely to be weaker than BoJ's target

Oct 28, 2015 06:45 am UTC| Commentary

BoJ governor Kuroda says the inflationary trend appears to be rising firmly. The BoJ stresses that factors such as the passing on of price increases to products as a result of costpush inflation caused by yen depreciation...

Does FOMC want to reaffirm a December liftoff?

Oct 28, 2015 06:16 am UTC| Commentary Central Banks

The FOMC would keep the economic assessment broadly unchanged and avoid references to the recent soft patch in the data. It could remove the reference to monitoring developments abroad following the assessment that the...

RBA likely to hold bank rates at current level

Oct 28, 2015 06:16 am UTC| Commentary Central Banks

The Reserve Bank board of Reserve Bank of Australia meets next week on November 3. The board is expected to keep rates on hold, states Westpac. The surprise drop in the inflation measure is not unique and, in the past, the...

If the FOMC wants to move away from a December liftoff?

Oct 28, 2015 06:12 am UTC| Commentary Central Banks

First, the Fed could insert a phrase that the pace of job gains moderated. The Committee used a similar phrase in April to signal that a June liftoff was becoming less likely. Second, it would probably keep the sentence...

FOMC contemplating a hike in October meeting seems unlikely

Oct 28, 2015 06:08 am UTC| Commentary Central Banks

It is very unlikely that the FOMC will contemplate a hike at the upcoming gathering. More critically, officials will have to decide whether they still consider a December rate hike as likely and, if so, come up with a game...

Japan to experience more stagnant inflation

Oct 28, 2015 06:07 am UTC| Commentary Economy

Japans nationwide CPI (excluding fresh food) likely fell in September. Factors such as the passing on of price increases to products as a result of cost push inflation caused by yen depreciation and the recovery in...