U.K. business investment set to remain very weak in the near-term, says BoE's Cunliffe
Feb 09, 2017 14:59 pm UTC| Commentary Central Banks Economy
Bank of England (BoE) Deputy Governor Jon Cunliffe in a speech at the Greater Birmingham Chamber of Commerce on Wednesday said that business investment in the United Kingdom is set to remain very weak in the near term in...
RBNZ monetary policy: Assessing future bias
Feb 09, 2017 11:00 am UTC| Commentary Central Banks
Reserve Bank of New Zealand (RBNZ) announced monetary policy last night and kept its key overnight cash rate unchanged at 1.75%. Lets look at the policy statement details to assess the bias According to RBNZ...
Philippine central bank keeps policy rates unchanged, raises 2017 inflation forecast to 3.5 pct
Feb 09, 2017 10:09 am UTC| Commentary Central Banks
The Philippine central bank kept its policy settings unchanged today, as widely expected. The interest rates were kept on hold. Policy tools have been stable since the formal shift to the interest rate corridor in June...
Feb 09, 2017 08:53 am UTC| Commentary Central Banks
The National Bank of Poland yesterday decided to keep the interest rates on hold. The Monetary Policy Council decided to keep the reference rate at 1.5 percent, deposit rate at 0.5 percent, Lombard rate at 2.5 percent and...
RBNZ leaves OCR unchanged at 1.75 pct, maintains neutral bias
Feb 09, 2017 05:46 am UTC| Commentary Economy Central Banks
The Reserve Bank of New Zealand (RBNZ) left the official cash rate at a record-low of 1.75 percent at this years first monetary policy meeting held late Wednesday and signalled that it is likely to remain on hold for some...
RBI unexpectedly leaves rates unchanged, slashes growth outlook
Feb 08, 2017 14:55 pm UTC| Commentary Central Banks Economy
The Reserve Bank of Indias (RBI) monetary policy committee, headed by Governor Urjit Patel, unexpectedly left the main interest rate unchanged at 6.25 percent. The RBI lowered GDP growth forecast for this fiscal to 6.9...
ECB's policy dependent on price stability, expansionary policy to continue for now - ECB’s Weidmann
Feb 08, 2017 14:33 pm UTC| Commentary Central Banks
In an interview with the German Press, the European Central Bank (ECB) governing council member and Bundesbank President Jens Weidmann said that the ECB is currently not at point where it can end expansionary...
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