Bank of Mexico expects inflation to ease slowly to target of 3 pct
Dec 15, 2017 13:06 pm UTC| Commentary Central Banks
The Bank of Mexico hiked its key interest rate yesterday. The interest rate was raised by 25 basis points to 7.25 percent. One member of the central bank even voted in favour of a 50-basis point hike. The hike is because...
Dec 15, 2017 11:25 am UTC| Central Banks Research & Analysis Insights & Views
Weve woken up last morning unsurprised by the Fed decision and the market response; indeed, the policymakers median forecast is now fully aligned with our call that there would be three further hikes in 2018, followed by...
Fed Hike Aftermath Series: FOMC projects three hikes in 2018, while market prices two
Dec 15, 2017 06:51 am UTC| Commentary Central Banks
In September, FOMC members projected three rate hikes for 2018 after hiking interest rates by 25 basis points three times each this year. And at this weeks FOMC, participants have once again reaffirmed their decision to...

Dec 15, 2017 06:48 am UTC| Central Banks Research & Analysis Insights & Views
CADJPY is perceived to be edgy and it seems to be at undervalued levels by the commitment of the BOJ to target a 2% inflation rate and anchor bond yields. We see only a small chance of that commitment waning in 2018...
Norges Bank stands pat in December, indicates first hike by end-2018
Dec 14, 2017 20:26 pm UTC| Commentary Central Banks
The Norges Bank kept its key interest rate on hold at 0.5 percent today, as was expected. But the central bank lifted the interest rate path and the first hike is moved forward to end-2018, noted Nordea Bank in a research...
Turkish central bank hikes rates by 50 bps, likely to tighten policy again in 2018
Dec 14, 2017 19:57 pm UTC| Commentary Central Banks
The Turkish central bank, CBRT, hiked its interest rate by 50 basis points today, following the sharp depreciation of the Turkish lira in the autumn and consequently rising inflation. The hike made today in late liquidity...
ECB keeps interest rate unchanged, revises up GDP and inflation forecast
Dec 14, 2017 18:51 pm UTC| Commentary Central Banks
The European Central Bank today kept its key interest rate on hold as expected. Therefore, the deposit rate continues to be at -0.4 percent, the refinancing rate at 0 percent and the marginal lending rate at 0.25 percent....
Ru and Ready: India-Russia Summit Sets the Stage for a Multi-Billion Dollar Strategic Shift