FOMC meet's minutes signal delay in rate hike on labor market concerns
Jul 07, 2016 09:23 am UTC| Commentary Economy Central Banks
The minutes from the Federal Open Market Committee meeting held during June 14-15, signaled a delay in rate hike, on mounting concern over the countrys labor market, with the non-farm payrolls data in May, shocking...
NBP keeps interest rates on hold; lowers economic growth and inflation outlook
Jul 07, 2016 08:08 am UTC| Commentary Central Banks
The National Bank of Polands Monetary Policy Council decided to keep the interest rates on hold on Wednesday. The reference rate was kept unchanged at 1.5 percent. The MPC in its statement mentioned that the global...
CBC, BoK likely to push for further rate cuts, almost near to zero
Jul 07, 2016 08:01 am UTC| Commentary Central Banks
The central banks of Taiwan and Korea are expected to administer further rate cuts in the near term, bringing the domestic rates near to zero, if inflation fails to improve. However, consumer prices are expected to decline...
Chart of the Day: Expanding negative yield universe
Jul 06, 2016 17:34 pm UTC| Commentary Central Banks
Negative yield universe is continuing its expansion. Globally now more than $11 trillion worth of government bonds are trading at anegative yield. In Switzerland the whole yield curve, up to 30 years trading in negative....
Riksbank holds repo rate at -0.5 pct, keeps its short-term easing bias
Jul 06, 2016 12:58 pm UTC| Insights & Views Commentary Economy Central Banks
Swedens Riksbank held its key benchmark repo rate at -0.5% and also made no changes to its Quantitative Easing program at a policy meeting held today. The Executive Board has assessed that there will be a longer delay...
Jul 06, 2016 12:25 pm UTC| Insights & Views Central Banks
USDCNY fixing rates continue to spike higher, which has triggered speculation that further CNY depreciation is looming on the horizon. While it seems that the Chinese central bank (PBoC) continues to weaken its currency...
Riksbank keeps repo rate and QE program unchanged; revises inflation's and GDP's forecasts down
Jul 06, 2016 09:57 am UTC| Commentary Central Banks
The Swedish central bank, Riksbank, kept its repo rate on hold at -0.5 percent during its meeting on Wednesday, as widely expected by the market. Also, it kept its QE program unchanged. The Executive Board has assessed...
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