RBNZ will again act, if kiwi appreciates further
Dec 10, 2015 10:06 am UTC| Commentary Central Banks
RBNZ once again cut its key rate by 25bp to bring it to 2.5%, as indicated in the last rate meeting. This is primarily because of the NZD which rose again in the month of August. The central bank still wants to a weak...
ECB likely took the pressure off from SNB
Dec 10, 2015 09:25 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) maintains its expansionary monetary policy. The target range for 3-month Libor remains at between -1.25% and -0.25%, and the interest rate on sight deposits with the SNB is kept unchanged at...
BoE may hold bank rate at 1.25% till 2017
Dec 10, 2015 07:13 am UTC| Commentary Central Banks
There is an uncertainty about the timing of the Bank of Englands hike rates. Due to weak global economic outlook and commodity prices, and the risks to growth and asset prices, analysts expect the central bank may postpone...
Dec 10, 2015 07:01 am UTC| Commentary Central Banks
Swiss National Bank will announce its monetary policy decisions at 8:30 GMT today. Economic conditions Switzerland GDP is around $ 685 billion however growth rate has sharply slowed down. In third quarter economy...
China likely to continue monetary easing
Dec 10, 2015 06:57 am UTC| Commentary Central Banks
China struggles from high debt level, need for deleveraging and many old sectors over capacity. PBoC will likely reduce interest rates in further quarters, in order to ease this debt burden. The RRR ratio would also...
Bank of Korea's further easing not yet ruled out
Dec 10, 2015 06:47 am UTC| Commentary Central Banks
While Koreas domestic demand and services stabilized after the MERS outbreak, the export environment and the sequential pay back in private consumption might slow down the growth momentum in fourth quarter, which might cut...
Dec 10, 2015 06:37 am UTC| Commentary Central Banks
The Bank of Englands MPC meeting due today will discuss on bank rates. The central bank is expected to hold the current bank rates unchanged. Analysts argue that the Bank is unlikely to raise interest rate until Q4...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects