Bank of Korea likely to keep official bank rate on hold in May
May 18, 2017 21:23 pm UTC| Commentary
The South Korean central bank, Bank of Korea, is likely to keep its official bank rate on hold next week. According to a Scotiabank research report, the central bank will maintain the key rate at 1.25 percent during its...
PBoC’s assets, liabilities may rise further in May - Scotiabank
May 18, 2017 21:21 pm UTC| Commentary Central Banks
In April, the Peoples Bank of China expanded its balance sheet by CNY 394 billion by raising its claims on other depository corporations under the assets and deposits of government on the liabilities side, after...
Riksbank proposes to scrap CPI as formal target in favour of CPIF
May 16, 2017 22:50 pm UTC| Commentary Economy
On Tuesday, the Swedish central bank, Riksbank, proposed to scrap the CPI as the formal target in favour of the CPIF. Moreover, the central bank also implied that the tolerance bank of plus or minus 1 percentage point...
PBOC establishes fintech committee to enhance research, planning and innovation
May 16, 2017 09:43 am UTC| Fintech Central Banks
The Peoples Bank of China (PBOC) announced that it has established a fintech committee in a move to improve research, planning as well as coordination of work on fintech, Shanghai Daily reported. Fintech, or...
May 15, 2017 23:04 pm UTC| Commentary Central Banks
The Chinese central bank, Peoples Bank of China, issued its first quarter Monetary Policy Report last week, which gives a clear signal of the authorities neutral monetary policy stance in the midst of increased worries...
Global Geo-political Series: ECB’s Draghi grilled at Dutch parliament on probable Dutch exit bill
May 11, 2017 07:08 am UTC| Commentary
An interesting debate broke out at the Dutch parliament between the chief of the European Central Bank (ECB) Mario Draghi and the Forum for Democracy leader Thierry Baudet. During the question-answer session after Mr....
ECB’s first deposit rate hike seen in the first half of 2019, says Nordea Markets
May 10, 2017 09:41 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected to adopt its first deposit rate hike in the first half of 2019, followed by a very gradual rate normalization of all policy rates. The background picture for the ECB is an...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects