RBI keeps policy steady amid global turmoil and weakness
Feb 02, 2016 07:46 am UTC| Commentary Central Banks
Reserve Bank of India (RBI), in spite of having some legroom to ease policy, preferred to wait it out today, especially when Indian new financial year budget is due this month. RBI policy statement sums it all what has...
RBI keeps repo rate on hold, unlikely to change in 2016
Feb 02, 2016 06:47 am UTC| Commentary Central Banks
The Reserve Bank of India today kept its interest rate unchanged at 6.75%. The consensus forecasts the central bank to lose modestly later in 2016; however, according to Capital Economics, the RBI is likely to keep its...
RBA keeps cash rate on hold, future rate decision to depend on market volatility and labor market
Feb 02, 2016 05:14 am UTC| Commentary Central Banks
The Reserve Bank of Australia kept the cash rate unchanged at 2%, on par with expectations. The central bank Governor stated that the future decisions on the interest rate will depend on two main factors; if the recent...
BOK rate-cut expectations premature
Feb 02, 2016 02:12 am UTC| Commentary Central Banks
The market expectations for BOK rate cuts have increased after the Bank of Japan introduced negative rates last Friday. The spread between the 1Y KRW IRS and its benchmark has widened notably to -15bps on 1st Feb from...
RBA likely to stand pat in tomorrow’s monetary policy
Feb 01, 2016 13:41 pm UTC| Insights & Views Central Banks
In tomorrows the Reserve Bank of Australia board meeting for interest rate decision, the expectations have increased that the board would decide to hold the cash rate steady at 2.0%. With the market probability of a move...
BoK likely to cut rate by 25bp in Q1
Feb 01, 2016 12:34 pm UTC| Commentary
S. Koreas December current account surplus reduced to 7.5 billion USD as compared to Novembers print of 9.9 billion USD as a result of high deficits on the primary income and services accounts. This offset the goods...
Banxico likely to stay mute at its forthcoming meeting
Feb 01, 2016 11:56 am UTC| Commentary Central Banks
In Mexico, ongoing growth acceleration along with the pass-through from currency depreciation in tradable goods prices suggest further tightening of the current economic situation as well as inflation. Despite downward...
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