ECB's policy measures likely in Q1 16
Oct 26, 2015 10:37 am UTC| Commentary Central Banks
The ECB lending survey showed further improvement in lending standards and demand in the next three months for companies. This bodes well for further acceleration in lending flows, which have only just turned in positive...
PBoC to cut RRR by another 50 bps in Q4 2015
Oct 26, 2015 09:23 am UTC| Commentary Central Banks
Theoretically it does not make sense for China to maintain a stable currency amid monetary policy easing. Nonetheless, it appears that the PBoC still caps the upside of USD/CNY and USD/CNH via selling its foreign reserves,...
Dueling outlooks set to keep the Fed on hold in October
Oct 26, 2015 07:47 am UTC| Commentary Central Banks
US domestic demand strength is likely to bolster confidence in the outlook for those FOMC members who think a healthy consumer and falling unemployment justify a modest rise in interest rates by year-end. However,...
ECB worries on euro area's growth and inflation outlooks
Oct 26, 2015 07:37 am UTC| Commentary Central Banks
In its October press conference, the ECB reiterated the downside risks it highlighted in September regarding both the outlook for growth and inflation. In particular, it called for a thorough examination of the strength...
ECB's deposit rate cut likely in December
Oct 26, 2015 06:45 am UTC| Commentary Central Banks
President Draghis comments have supported current market expectations of a possible deposit rate cut in the coming months. The ECB-dated Eonia forward curve has further inverted after Mr Draghis comments and according...
Low underlying inflation in Australia
Oct 26, 2015 06:15 am UTC| Commentary Central Banks
In Australia, the Q3 CPI is the main data release due before the RBA board meets on 3 November, with the RBA staff publishing updated economic forecasts in the Statement on Monetary Policy on 5 November. The CPI will...
RBNZ likely to pause in cutting rates
Oct 26, 2015 06:13 am UTC| Commentary Central Banks
The RBNZ has cut rates three times in a row and it is likely to take some time to gauge the impact of those earlier easings, particularly when average underlying inflation has broadly stabilized with one RBNZ measure...
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