Advanced economies continue to make progress

Dec 17, 2015 23:50 pm UTC| Commentary Economy

The tepid expansion among EMs is unlikely to stymie growth within advanced nations, where domestic spending has accelerated noticeably. U.S. domestic demand growth has been hovering at 3% for more than a year, reinforcing...

December US job growth: the gift that keeps on giving

Dec 17, 2015 21:43 pm UTC| Commentary Economy

For the December employment report, scheduled for release on Friday, January 8, nonfarm payrolls are expected to have risen by 225k. Within this, private payrolls are expected to have expanded by 215k and government...

Germany's IFO business climate edges slightly lower, but remains at healthy levels

Dec 17, 2015 18:02 pm UTC| Commentary Economy

The December IFO business climate indicator came in lower than expected at 108.7 as the assessment of the current economic situation declined (down to 112.8 from 113.4) and business expectations remained stable (at 104.7)....

Experts weigh in on Fed hike: it was the right call, but will it work?

Dec 17, 2015 00:38 am UTC| Insights & Views Economy Central Banks

Editors note: The Federal Reserves policy-setting committee decided to raise its target interest rate known as the Fed funds rate for the first time in nine years. It increased the rate from a range of zero to 0.25% to a...

Czech Republic's unexpectedly low inflation likely to lead to no policy reaction from CNB

Dec 16, 2015 07:39 am UTC| Commentary Central Banks Economy

Czech National Banks repurchase rate is currently at 0.05%, while the market participants expect it to be kept steady in its upcoming meeting at 0.05%. CNB is not set to take any action regarding its monetary policy in...

Volatility likely in Canadian home sales in near future

Dec 16, 2015 05:50 am UTC| Commentary Economy

Existing home sales in Canada posted a solid growth of 1.8% in November. The Canadian Real Estate Association (CREA) reveals the existing home sales figures are 10.9% higher than the same month of last month. Average...

Risk on? Interest rates could stay low for decades

Dec 16, 2015 05:26 am UTC| Insights & Views Central Banks Economy

When a central bank lifts interest rate targets by 0.5% it expects households and firms to respond. In a crisis, the official target may fall by 3% in order to shock the economy into a positive response. These movements of...