Central Bank of Russia expects inflation to slow further; conditions for further rate cuts evident
Aug 23, 2016 11:52 am UTC| Commentary Central Banks
A cautious monetary policy was pursued by the Central Bank of Russia in the second half of 2015. The rate reduction cycle was put on hold. It wanted to wait and watch if inflation would decelerate significantly in line...
Secular stagnation and next recession likely to weigh in Jackson Hole
Aug 23, 2016 07:51 am UTC| Commentary Economy Central Banks
Federal Reserve policymakers, finance ministers, and central bankers around the world will meet in the mountain resort of Jackson Hole to attend the economic policy symposium organized by Kansas City Federal Reserve. The...
Why some economists think the RBA should drop its inflation target
Aug 23, 2016 06:45 am UTC| Insights & Views Central Banks
In the revolving door of economic ideas, the old can be suddenly new again. Independent Senator Nick Xenophon resurrected one such idea this week. He said the Reserve Bank of Australia should replace its inflation target...
Negative interest rate policy arouse doubts over impact on capital markets, IMF defends ECB’s policy
Aug 23, 2016 06:15 am UTC| Commentary Central Banks
The negative interest rate policy has aroused doubts over the potential impact on capital markets; the debate about whether a negative interest rate policy (NIRP) helps or hinders the transmission mechanism of monetary...
Aug 23, 2016 05:24 am UTC| Central Banks
The current prices of NZDCAD hold stronger at supports of 0.9307 despite gravestone doji, upswings likely to drag further but the stiff resistance seen at 0.9517 levels. On a broader perspective, the triple top formation...
Jackson Hole event could provide more clarity about timing of the next Fed hike
Aug 22, 2016 14:14 pm UTC| Commentary Central Banks
U.S. Federal Reserves Jackson Hole meeting scheduled this week could produce some hints about the timing of a further interest rate hike. The Jackson Hole event has previously been a platform for the Federal Reserve to...
RBNZ’s tightening loan-to-value restrictions likely to be effective from Sep 1
Aug 22, 2016 11:35 am UTC| Commentary Central Banks
The Reserve Bank of New Zealand has tightened the loan-to-value restrictions (LVR) for residential lending during a decision undertaken in July, which is likely to be effective from September 1, 2016. The central bank...
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