The 60 billion EUR question: can the ECB repeat the trick?
Sep 28, 2015 17:46 pm UTC| Commentary Central Banks
It is becoming clearer to markets the ECB is about to embark on another round of QE. So why is the EUR not a lot lower in anticipation of further QE? What has been seen historically is that the anticipation of QE drives...
Slower job growth not an obstacle for the Fed
Sep 28, 2015 16:50 pm UTC| Commentary Central Banks
Job growth has been running at an impressive pace since early last year, pushing the unemployment rate from 6.6% to 5.1% - very close to the assumed level of NAIRU (around 5.0%). The rapid job growth has been helped along...
FED’s Dudley rejects criticism over forward guidance reiterates 2015 rate hike
Sep 28, 2015 15:06 pm UTC| Insights & Views Central Banks
William C Dudley, President at New York Federal Reserve, has rejected the criticism that FED is creating more confusion over its rate hike communication. Expectations of rate hike from FED was initially focused on June,...
Sep 28, 2015 12:54 pm UTC| Insights & Views Central Banks
Reserve Bank of India (RBI) is expected to announce monetary policy decisions at 5:30 GMT tomorrow, which will follow speech from Governor Raghuram Rajan. After three rate cuts so far this year, market is expecting...
Indian disinflation leads pressures on RBI easing
Sep 28, 2015 12:46 pm UTC| Insights & Views Central Banks
Strong disinflation opens room for further RBI easing, the disinflation in India has been strong and broad-based since H2 2014, reflecting markedly better food price management, sustained idle industrial capacity, lower...
ECB and BoJ may struggle to push effective exchange rates sharply lower
Sep 28, 2015 11:22 am UTC| Commentary Central Banks
Euro area headline and core consumer prices due Wednesday are likely to show that the 19-region consumer prices stagnated in September for the first time in five months, according to a Bloomberg survey. Stalled prices...
Fitch: ECB's optionality on ELA disclosure unhelpful for market
Sep 28, 2015 08:39 am UTC| Research & Analysis Central Banks
The ECBs decision on 16 September to make disclosure of emergency liquidity assistance (ELA) use optional and not mandatory means market participants may remain in the dark about a banks true liquidity position, especially...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects