BOE's monetary policy to be impacted by inflation?

Aug 19, 2015 06:53 am UTC| Commentary Central Banks

The Bank of England (BoE) has credibly communicated to the markets that rates will not be hiked until a steady uptrend in inflation has emerged. In the short run, however, inflation is likely to have a less direct...

US Inflation influences Fed's monetary policy?

Aug 19, 2015 06:52 am UTC| Commentary

Will the US consumer price inflation figures for July support the dollar today, just like the British data propped up the pound sterling yesterday? A similar surprise as yesterday, the core rate came in at 1.2%...

First Fed funds rate hike likely in September

Aug 19, 2015 06:47 am UTC| Commentary

U.S. CPI data for July and minutes of FOMC meeting are macro highlights today. The Core CPI inflation has shown signs of bottoming lately and another solid print is expected. A 0.2% m/m increase is anticipated which...

Needs for more policy easing in China increasing

Aug 19, 2015 06:41 am UTC| Commentary

There are needs for more policy easing in China increasing given liquidity drain and downside risks to growth Looking ahead, the slowdown in growth, if continued, will add more pressure to the CNY depreciation. An...

UK CPI inflation may remain below MPC target

Aug 19, 2015 06:18 am UTC| Commentary

The small rise in UK CPI inflation (released on Tuesday) from 0% to 0.1% in July merely reflected the slightly earlier conclusion of summer discounting of clothing this year compared to last and so has little bearing on...

U.S. CPI inflation likely increased by 0.2% in July

Aug 19, 2015 05:39 am UTC| Commentary

U.S. CPI for July and the FOMC Minutes are seen as the main macro highlights today."A +0.2% m/m rise in headline CPI, as the declines in the wholesale energy complex have not flowed through to the consumer space. For core...

Sustained CNY depreciation may trigger more capital outflows

Aug 19, 2015 05:28 am UTC| Commentary

Though only capturing the first-round affects, the exercise suggests that for a more meaningfully impact on growth, the currency would need to depreciate by around 20-30%.However, such a large devaluation could have...