Central Banking Series

Central Banking Series

Slower growth likely to keep BoE on hold despite lower unemployment, says Danske Bank

Aug 02, 2017 11:45 am UTC| Commentary Central Banks Economy

Despite slower growth, the Bank of England (BoE) has turned more hawkish recently, as inflation has moved higher and the unemployment rate lower. Still, we do not expect a BoE rate hike before some time in 2019: GDP growth...

Central Banking Series

RBI likely to stay on hold with a dovish stance this week, says Scotiabank

Aug 01, 2017 08:14 am UTC| Commentary Central Banks Economy

The Reserve Bank of India (RBI) is expected to leave its policy rate unchanged at 6.25 percent with a dovish stance on Wednesday afternoon, aimed at striking a balance between bolstering the nations economic growth and...

Central Banking Series

Greenback pressurized deeper by Fed’s inability to convince markets, says Commerzbank

Jul 27, 2017 08:02 am UTC| Commentary Economy

The FOMC statement seems to have been the trigger rather than the cause of this new leg of USD weakness. The dollar is struggling and the only reason EUR/USD had for not been trading in the mid-1.17ies earlier was that...

Central Banking Series

FxWirePro: CNB maintains status quo as uncertainty lingering from ECB – Use Forwards derivatives for hedging

Jun 29, 2017 12:23 pm UTC| Central Banks Insights & Views

The Czech National Bank held its two-week repo rate at a record low of 0.05 pct, to keep its benchmark rate on hold today but the CB sends out a more dovish signal as widely expected. The discount rate and the Lombard...

Central Banking Series

PBoC to continue prudent monetary policy tightening, likely to strengthen regulation in the financial sector

Jun 21, 2017 11:55 am UTC| Insights & Views Central Banks

The Peoples Bank of China (PBoC) faces daunting challenges, including balancing growth, minimizing currency volatility, promoting economic stability, preventing asset price bubbles, ensuring adequate market liquidity and...

Central Banking Series

RBNZ likely to stand pat on policy today

Jun 21, 2017 10:35 am UTC| Commentary Central Banks

Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 21:00 GMT. Over the past two years or so, RBNZ has reduced rates from 3.5 percent to 1.75 percent, which is an all-time low, however, the...

Central Banking Series

Fed's tightening plans could be in jeopardy if weakness in inflation and retail sales continues

Jun 19, 2017 11:58 am UTC| Insights & Views Economy Central Banks

Despite the unexpected dip in US consumer Price Index and drop in retails sales in May, the Federal Reserve went on to raise US benchmark interest rate for the second time in three months and also forecasted one more rise...