Feb 12, 2016 11:17 am UTC| Insights & Views Central Banks
European banks credit and equity are at levels not seen since 2012-13. The 2008-09 financial crisis and the negative impact on the banking sector has created a significant level of non-performing assets. Despite provisions...
Growth becomes headache for ECB in addition to noflation
Feb 12, 2016 10:44 am UTC| Commentary Central Banks
Noflation alone, wont be dominating governing council meeting in March, when ECB members convene on 10th, especially after todays release of economic dockets. Germany, which is Euro Zones largest and most stable...
Eurozone struggles to shrug off deflationary pressure
Feb 12, 2016 09:16 am UTC| Commentary Economy Central Banks
Newly released datasets, released today casts further doubts on current European Central Banks (ECB) monetary policy, not being enough to tackle deflation. European Central bank indicated that it would reviewing its...
Additional measures needed for Riksbank to tackle low inflation
Feb 12, 2016 05:39 am UTC| Commentary Central Banks
The Riksbanks decision to lower its repo rate further below zero suggested that the central bank is ready to keep aside its concerns regarding strong domestic demand and a housing market bubble in a bid to tackle very low...
Hungary's Central Bank to consider further monetary loosening if necessary
Feb 11, 2016 16:37 pm UTC| Commentary Central Banks
Latest Hungarian Central Banks MPC minutes confirmed that the Central Bank is monitoring the efficacy of its recently implemented QE measures and will consider further monetary loosening if necessary. MNB says that it...
The Central Bank of Philippines likely to hike rates in Q2 17
Feb 11, 2016 10:18 am UTC| Commentary Central Banks
Bangko Sentral ng Pilipinas for the eleventh consecutive time kept its policy rate unchanged at 4.00%, in line with market consensus. It also left the SDA rates and reserve requirement ratio unchanged at 2.50% and 20%...
Massive Swedish surprise courtesy Riksbank
Feb 11, 2016 10:15 am UTC| Commentary Central Banks
Riksbanktook market participants by surprise with larger than expected rate cut. Market was expecting it would cut interest rates further into the negative from current -0.35% but not more than -0.45%. Now Riksbankdid a...
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