RBNZ likely to stand pat on policy today
May 10, 2017 06:49 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...
Philippine central bank likely to hike rates in Q3 and Q4
May 08, 2017 22:07 pm UTC| Commentary Central Banks
The current Deputy Governor of the Banko Sentral ng Pilipinas (BSP), Nestor Espenilla Jr., was appointed as the central banks next governor today. The market is expected to see the appointment of a central bank insider to...
ECB unlikely to raise rates this year or next despite Macron’s victory, says Commerzbank
May 08, 2017 06:39 am UTC| Commentary Central Banks Economy
The European Central Bank (ECB) is expected not to raise its benchmark interest rate either this year or next despite the mesmerising victory achieved by Emmanuel Macron at the French election held yesterday. So far,...
May 05, 2017 08:38 am UTC| Commentary Central Banks Economy
The Bank of Englands (BoE) Monetary policy Committee (MPC) is expected to keep policy unchanged at its May meeting, maintaining a neutral policy bias relative to a market path of interest rates that, compared with...
BoJ likely to maintain QQE, YCC over the coming months: Scotiabank
May 04, 2017 10:17 am UTC| Commentary Central Banks Economy
The Bank of Japan (BoJ) will likely maintain its current monetary policy framework of Quantitative and Qualitative Monetary Easing with Yield Curve Control over the coming months, with the short-term policy rate and the...
FOMC monetary policy May 2017: Assessing future bias
May 04, 2017 07:27 am UTC| Commentary Central Banks
As expected, the policymakers at FOMC kept policy rates unchanged yesterday. Lets take a look at the FOMC statement for future clues. Current Federal funds rate target 75-100 basis points. Lets first assess the bias in...
Central Bank of Russia surprisingly cuts key interest rate by 50 bps
Apr 28, 2017 17:55 pm UTC| Commentary Central Banks
The Central Bank of Russia surprisingly lowered its key interest rate today by 50 basis points. This was a real test of the central banks independence as there has been major pressure from authorities in Russia pushing for...
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