RBNZ MPS preview: OCR decision is a close call
Dec 02, 2015 23:08 pm UTC| Commentary Central Banks
Some OCR decisions are clear cut affairs, and others are uncertain right through to the last minute. Next weeks December Monetary Policy Statement is of the uncertain variety, which will make it a key event for markets....
Fed Chair Janet Yellen sends a strong signal for a December hike and gradual pace thereafter
Dec 02, 2015 21:43 pm UTC| Commentary Central Banks
Fed Chair Yellen opened her speech discussing the cumulative progress that has been made in achieving the Feds dual mandate. She noted the substantial progress made in labor markets, but said the committee remains short of...
US Yellen makes case for a December rate hike
Dec 02, 2015 18:46 pm UTC| Commentary Central Banks
In her speech to the Economic Club of Washington this lunch time, Fed Chair Janet Yellen was quite explicit in making the case for a first interest rate hike at the upcoming FOMC meeting, which ends on 16th...
ECB inflation hopes prove to be an illusion
Dec 02, 2015 17:47 pm UTC| Commentary Central Banks Economy
In the euro zone, the underlying price momentum based on the inflation rate without the volatile prices for energy, food, alcohol and tobacco dropped again to 0.9% in November. This makes the rise in core inflation rae to...
Bank of Canada on sidelines as Fed rate hike looms
Dec 02, 2015 17:20 pm UTC| Commentary Central Banks
The Bank of Canada kept the key overnight interest rate unchanged at 0.5 percent as expected, as the Federal Reserve is poised to hike rates for the first time in nearly 10 years. The Banks decision did not, however,...
Bank of Canada Interest rate announcement: Poloz stands pat, with all eyes on Yellen
Dec 02, 2015 15:25 pm UTC| Commentary Central Banks
The Bank of Canada left its key policy rate unchanged at 0.50% today. The Bank characterized the economy and inflation as evolving broadly in line with its October outlook as outlined in its Monetary Policy Report...
FED hike – where probabilities stand?
Dec 02, 2015 14:25 pm UTC| Commentary Central Banks
Official stance in US monetary policy is that it will be data-dependent and the FOMC members will probably takethe opportunity to hike rates in thefinal meeting of the year, if inflation data and financial conditions...
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