PBoC hikes short-term market interest rates, may adopt flexible interest rate regime in 2017
Feb 03, 2017 07:25 am UTC| Commentary Central Banks
The Peoples Bank of China raised short-term market interest rates today. It repriced the short-term funding costs by hiking the 7-day reverse repo rate by 10 basis points from 2.25 percent to 2.35 percent. This move by the...
Feb 03, 2017 06:42 am UTC| Commentary Central Banks
Denmarks central bank has not intervened in the currency market in the month of January. The FX reservesThe Danish krone is trading a bit weaker; however, it is still at strong level against the euro. The Danish central...
Feb 02, 2017 12:22 pm UTC| Commentary Central Banks
In Novembers Monetary Policy Statement, the New Zealand central bank shifted to a more neutral stance. The Reserve Bank of New Zealand cut the cash rate in November to a new record low of 1.75 percent. The central bank had...
Another ‘Super Thursday’ from Bank of England
Feb 02, 2017 10:32 am UTC| Commentary Central Banks
Super Thursday is back. …………… thanks to Bank of Englands (BOE), mega releases and events. Today Bank of England (BOE) will announce its regular monetary policy along with minutes. What...
Central Bank of Russia likely to keep interest rate on hold in February, may cut in March
Feb 02, 2017 09:43 am UTC| Commentary Central Banks
The Central Bank of Russia is expected to keep the key interest rate on hold at 10 percent during its meeting on Friday despite the growth momentum being negative and inflation decelerating, noted Nordea Bank in a research...
RBA likely to stay on hold at Feb. 7 meet amid global uncertainties
Feb 01, 2017 12:37 pm UTC| Insights & Views Central Banks
The Reserve Bank of Australia (RBA) is expected to hold its first monetary policy meeting of 2017 on February 7, where it is widely expected to maintain its bank rate at a historic low of 1.50 percent despite global...
BoE Super Thursday could see some volatility even if rates and quantitative easing are held steady
Jan 31, 2017 12:38 pm UTC| Insights & Views Central Banks
The Bank of England (BoE) back into focus this Thursday as it holds its first monetary policy meeting for 2017. Analysts widely expect the central bank to maintain its interest rate at a historic low of 0.25 percent amid...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects