'BoE definitely in no hurry to hike' - UK core CPI miss confirms the view
Feb 16, 2016 15:08 pm UTC| Commentary Central Banks
UK Office for National Statistics (ONS) earlier today released UK CPI data which showed that the headline figure ticked higher to 0.3% y/y from 0.2% in Dec. On monthly basis, the CPI dropped 0.8%, beating the estimate drop...
Ian McCafferty comments review in light of inflation data
Feb 16, 2016 12:37 pm UTC| Commentary Central Banks
Bank of Englands (BOE), only vocal hawk of 2015, explained yesterday, why he stopped dissenting in the banks last monetary policy meeting. Main theme was, wage growth, which has been a key component behind his expectations...
Feb 16, 2016 09:22 am UTC| Insights & Views Central Banks
More worsening in macro risk sentiments drove GBPJPY sharply lower from last couple of week to temporarily below 165 despite the BoJ adoption of negative interest rates policy (NIRP) and some official jawboning. Given fear...
ECB likely to lower depo rate in March, may announce technical changes to QE design
Feb 16, 2016 06:13 am UTC| Commentary Central Banks
ECB President Draghi, during his speech at the European Parliaments Economic and Monetary Affairs Committee, reiterated that the central bank will review and possibly reconsider its monetary policy stance during the March...
BoK holds interest rate, likely to lower in March
Feb 16, 2016 05:37 am UTC| Commentary Central Banks
The Bank of Korea kept the policy rate unchanged at 1.5% in February, on par with expectations of economists polled by Bloomberg. The central bank expanded its special loans facility to KRW29tn in order to stop the drop in...
PBoC Takes Next Step Towards Digital Currency, Explores Related Technologies
Feb 16, 2016 05:19 am UTC| Digital Currency Central Banks
Peoples Bank of China Governor Zhou Xiaochuan, in a latest interview with Caixin Weekly, has suggested that the central bank is not only interested in digital currencies but is also researching related technologies. The...
BOK rate decision likely to be a close call
Feb 15, 2016 14:50 pm UTC| Commentary Central Banks
The Bank of Korea meets tomorrow to decide interest rates and expectations are for the BOK to turn dovish. The probability of a rate cut is currently high due to a weaker global manufacturing index, lower stock prices and...
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