Fed to go by a hike today followed by a 25bp hike at every other meeting in 2016?
Dec 16, 2015 05:50 am UTC| Commentary Central Banks
US Federal Reserve is broadly expected to hike its near zero interest rates today. There are now 85% of expectations for a hike. In their last meeting, they said that they dont want to surprise markets, hence if they fail...
Canada's positive growth and anticipated pick-up in 2016 likely to keep BoC on sidelines
Dec 16, 2015 05:32 am UTC| Commentary Central Banks
Bank of Canada released the Financial Systems Review, which highlighted risks related to the Canadian economy and its financial system. It talked about the developments in the housing markets. Some of the major strength...
Risk on? Interest rates could stay low for decades
Dec 16, 2015 05:26 am UTC| Insights & Views Central Banks Economy
When a central bank lifts interest rate targets by 0.5% it expects households and firms to respond. In a crisis, the official target may fall by 3% in order to shock the economy into a positive response. These movements of...
BoK likely to deliver another 25bp rate cut in Q1 16
Dec 16, 2015 04:09 am UTC| Commentary Central Banks
Marked by slow inventory clearance and production lacking in slow external demand, the underlying trend remains steady. Domestic demand and services were stabilized post MERS outbreak, the still weak exports and private...
Westpac-Melbourne Institute Leading Index growth rate slows
Dec 16, 2015 00:54 am UTC| Commentary Central Banks
The six month annualised deviation from trend growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, decreased from -0.13%...
How will money markets respond to the Fed liftoff ?
Dec 15, 2015 23:27 pm UTC| Commentary Central Banks
Many short-term interest rates have already shifted higher due to expectations for a Fed hike. Indeed, 1- and 3-month bill, discount note, LIBOR, and commercial paper rates have recently moved higher and now trade near...
Dec 15, 2015 23:03 pm UTC| Commentary Central Banks
On Wednesday the Federal Reserve is likely to raise interest rates for the first time in nearly a decade. The Fed faces a unique challenge in tightening monetary policy with a $4.5tn balance sheet and nearly $2.5tn in...
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