Fed Hike Aftermath Series

Pace of Fed tightening in 2016 will be faster than markets price-in

Dec 17, 2015 12:04 pm UTC| Insights & Views Central Banks

In what was a unanimous decision overnight, the US Federal Reserve raised its target range for the fed funds rate by 25 bps to 0.25-0.50%. The Feds rate hike was the first in nearly a decade, which puts an end to a...

Currency War Series

Norges Bank unlikely to cut rate at next meeting

Dec 17, 2015 11:43 am UTC| Commentary Central Banks

The Norges Bank hold the bank rate unchanged at 0.75% as expected. However, some experts argued that the Bank may cut rate as fall in oil prices affected the economy. The oil price fell more than what the central bank...

Central Bank of Chile likely to stand pat on sluggish October activity

Dec 17, 2015 09:59 am UTC| Commentary Central Banks

Chile central bank CBCs overnight rate is currently at 3.25%. The central bank is expected to rise its over night rate slightly by 25 bp by the market consensus, while some market participants expect it to be on hold in...

Banxico likely to stand pat until Q1 16

Dec 17, 2015 09:41 am UTC| Commentary Central Banks

Mexico central bank Banxicos over night rate is at 3.0% currently. Today the central bank has it monetary policy meeting, in which the bank is expected to rise its rate by 25bp by the market consensus, while some market...

FxWirePro: A glimpse on US treasuries and swap yields in antipodeans after Fed

Dec 17, 2015 09:35 am UTC| Insights & Views Central Banks

A run through of key insights of Fed policy: The verdict, given the official stamp of approval from the FOMC, marks the first ever increase since the panel pushed the key rate to 5.25 % on June 29, 2006. The...

Fed's further tightening in 2016 likely due to higher inflation

Dec 17, 2015 07:32 am UTC| Commentary Central Banks

Yesterday, the Federal Reserve increased its target range for the fed funds rate by 25 base points. The Fed Chair Yellen indicated that the central bank is on the path of policy tightening, and it will increase its policy...

Carney takes Q1 2016 BoE hike off the table

Dec 17, 2015 06:58 am UTC| Commentary Central Banks

UK labor market report was mixed. The unemployment rate dropped to 5.2% in October, second lower since January 2006. This labor market report was released after Bank of England Governor Mark Carney, stated in a...