BoK keeps benchmark rate at 1.5%
Nov 12, 2015 09:45 am UTC| Commentary Central Banks
Bank of Korea opted to keep its benchmark interest rate at a record low of 1.5%. There are various factors cause the Bank to keep its benchmark rate at record low. The U.S. Fed rate hike is likely in December, which may...
Philippines' BSP likely to be on hold through 2016
Nov 12, 2015 09:33 am UTC| Commentary Central Banks
As predicted by consensus, Bangko Sentral ng Pilipinas(BSP) was on hold at 4.00%. This is 9th time that BSP took the same decision, also leaving its SDA rates at 2.5% and RRR steady. There is low inflation and sluggish...
PBoC likely to continue usual easing
Nov 12, 2015 09:23 am UTC| Commentary Central Banks
PBoC started easing monetary policy one year back and fiscal policy easing 6 months back. The credit growth started to accelerate in middle of the year. Nevertheless, signs of recovery are still awaited. Net amount of...
Fed may deliver four 25bp hikes
Nov 12, 2015 07:34 am UTC| Commentary Central Banks
In the mid of challenging global environment, the Fed opted for a rate hike to bring the global economy back on track. Fed policy outlooks are expected to be more divergence than the rest of the world and fairly priced...
RBA’s rate cut unlikely in December
Nov 12, 2015 06:06 am UTC| Commentary Central Banks
Australias unemployment rate in October reduced to 5.9% from 6.2% in the previous month. In an absolute number, the employment increased by 59k in October, where consensus was expecting the figure at 15k. Experts observed...
Riksbank may opt for rate cut of 10-15bp
Nov 12, 2015 05:36 am UTC| Commentary Central Banks
The Riksbank is likely to act more in reaction to external monetary policy like the ECB, despite growth and inflation showing positive sign. Effect of external factors in a small open economy like Sweden is clearly...
BoK does not rule out further easing
Nov 12, 2015 05:23 am UTC| Commentary Central Banks
US Federal Reserve is more likely to hike its near zero interest rates almost after a decade. With the growing likelihood of the rate hike, and Koreas strong revival in the services economy after the MERS shock, the Bank...
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