FOMC minutes: Divergent views on the outlook kept Fed in limbo
Jul 08, 2015 21:57 pm UTC| Commentary Central Banks
The minutes of the 15-16 June FOMC meeting confirmed the divergence that we saw in the FOMC projections and the strange disconnect between the relatively upbeat FOMC statement and Chair Yellens following more cautious tone...
Minutes of Fed's June Policy Meeting
Jul 08, 2015 19:33 pm UTC| Commentary Central Banks
While the June policy statement didnt break much new ground on the Feds future actions, the minutes to the meeting were more revealing, and suggest that recent global developments could stay its tightening hand this...
Poland keeps rate comfortably on hold
Jul 08, 2015 18:16 pm UTC| Economy Central Banks
The National Bank of Poland (NBP) kept its policy rate on hold at 1.5% as expected. The MPC has collectively and individually assured that no rate change is likely at least until mid-2016, and the next move is more likely...
BoJ Tankan to show improving sentiment among large manufacturers
Jun 26, 2015 09:42 am UTC| Central Banks
The Bank of Japan (BoJ) will release Q2 Tankan Survey results on 1 July and inflation survey results on 2 July. Standard Charterd estimates, the diffusion index and the outlook for large manufacturers is expected to have...
How vulnerable is the ECB to a Greek default?
May 28, 2015 09:01 am UTC| Central Banks
The ECBs exposure to Greece is not huge and ultimately lies with the euro-zone governments that would have to recapitalise it. But a Greek default to the ECB would be a serious blow to the Banks credibility that could...
RBA Deputy Governor Lowe: further exchange rate fall would be helpful
May 17, 2015 23:55 pm UTC| Central Banks
Reserve Bank of Australia Deputy Governor Lowe: Further exchange rate fall would help economic transition Says recent rate cut to suppport consumer demand, home construction Not in Australias interests to engineer...
China cuts interest rates to boost economy
May 10, 2015 15:30 pm UTC| Central Banks
Chinas central bank cut its benchmark lending rates by 25 basis points to 5.1 percent on Sunday. Last cut was on Feb. 28. The Peoples Bank of China (PBOC) also reduced one-year benchmark deposit rates by 25 basis points,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects