Fed Hike aftermath Series: Hike probabilities over coming meetings
Sep 17, 2018 04:33 am UTC| Commentary Central Banks
FOMC increased interest rates in March and June and increased its forecast from three rate hikes in 2018 to four rate hikes. June decision was unanimous. Current Federal funds rate - 175-200 bps (Note, all calculations are...
Central Bank of Russia hikes key interest rate, additional hikes likely in coming quarters
Sep 14, 2018 18:47 pm UTC| Commentary Central Banks
The Russian central bank, hiked its key interest rate today for the first time since 2014 and has significantly tightened the press-release. The phrase regarding bringing the key rate to the neutral level in 2019 has...

Sep 14, 2018 13:44 pm UTC| Research & Analysis Central Banks Technicals Insights & Views
The lira surged back nicely yesterday after the central bank hiked rates sharply (by 625bps to 24%). The central bank strongly asserted its independence despite President Recep Tayyip Erdogan criticising the bank again and...
Sep 14, 2018 09:45 am UTC| Research & Analysis Insights & Views Central Banks
RBNZs monetary policy is scheduled for this month (precisely on September 26th) which is most likely to be status quo.Just like the RBNZ Governor, the short end continues to watch, worry and wait as direction from here...
RBA likely to tighten monetary policy stance in second half of 2019, says ANZ Research
Sep 14, 2018 08:54 am UTC| Commentary Central Banks Economy
The Reserve Bank of Australia (RBA) is expected to tighten in the second half of 2019. As this will push the starting point to a level that will make it difficult for the Bank to project core inflation of 2-1/2 percent in...

When cutting interest rates might not help
Sep 13, 2018 21:56 pm UTC| Insights & Views Economy Central Banks
Theres a meme around official interest rates since the financial crisis, and it goes like this. Central banks have already cut them to nearly zero (or actually zero) but advanced economies are still languishing. Therefore...
Bank of England keeps policy rate unchanged at 0.75 pct
Sep 13, 2018 15:56 pm UTC| Commentary Central Banks
The Bank of England kept its policy rate on hold at 0.75 percent today, as was expected. Furthermore, the voting record indicated that all MPC members voted to keep the rates unchanged, implying that there was little...