Key highlights from BOE meeting with treasury select committee
Nov 24, 2015 13:37 pm UTC| Insights & Views Central Banks
Bank of England (BOE) governor Mark Carney, along with Kristin Forbes, Gertjan Vlieghe and chief economist Andy Haldane has been taking questions from treasury select committee over economies, monetary policies and other...
Turkey's CBT may adjust its deposit rate after Fed's hike
Nov 24, 2015 09:17 am UTC| Commentary Central Banks
CBT is expected to discuss on bank rate today, but no major policy change is expected from the Bank. If the Fed hikes rate in December, the CBT may adjust its deposit rate at the next meeting. A new economic management...
PBoC's further rate cut likely in near future
Nov 24, 2015 09:08 am UTC| Commentary Central Banks
The industrial profits in state-owned enterprises (SOEs) of China are fallen by 9.2% y/y YTD in October. Corporate indebtedness has raised the credit concerns among commercial banks and poses a significant downside risk to...
ECB to take an accommodative stance on monetary policy
Nov 24, 2015 06:26 am UTC| Commentary Central Banks
Euro areas both monetary policy and the fiscal stance will be accomodative. The final October HICP report indicates that there is only an upward revision. ECBs October meeting minutes did not consist any critical new...
Chinese authorities likely to cap USD/CNY at 6.40 before SDR decision
Nov 24, 2015 05:06 am UTC| Commentary Central Banks
USD/CNY rate was fixed at 6.3867 by PBoC yesterday, this is the highest since August ending, which is an upside surprise to the market. This higher rate drove sell-off flows in CNY and CNH and the spread between both...
No further BI easing expected in 2015
Nov 24, 2015 00:11 am UTC| Commentary Central Banks
Potential Fed rate hike in December the constraint to easing. Better current account data, contained inflation and a recovering currency have provided BI with the previously elusive opportunity to shift its focus to growth...
Hawkish Liikanen turns dovish ahead of ECB December meeting
Nov 23, 2015 11:07 am UTC| Insights & Views Central Banks
European Central Banks (ECB), governing council member and Governor of Finnish Central Bank Erkki Liikanen seem to have transformed himself as a dove heading into much awaited December meeting next week. Finnish...
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
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight