Fed's decision on a knife edge
Sep 11, 2015 16:53 pm UTC| Commentary Central Banks
The outcome of Thursdays US monetary policy meeting looks to be on a knife edge, with strong arguments for both raising interest rates and leaving them unchanged. If the Fed does move it would be a momentous decision,...
Russia's CBR holds, adopts more hawkish outlook
Sep 11, 2015 15:12 pm UTC| Commentary Central Banks
The Bank of Russia (CBR) decided to hold its key rate at 11.0% and kept all other rates unchanged, in line with forecast and consensus. The statement was considerably more hawkish than in July when the CBR cut its key rate...
Rationale behind 'no Fed hike' in September and growth-inflation projections for 2016
Sep 11, 2015 09:33 am UTC| Commentary Central Banks
On U.S. Job market: On the labor market front, the unemployment rate has fallen sharply and at 5.1% is already through the Feds YE 15 forecast. At the same time, however, there has been no uptick in wage growth this year....
BoE's inflation expectations to soften
Sep 11, 2015 06:32 am UTC| Commentary Central Banks
The Bank of Englands quarterly survey of inflation expectations asks householders for their expectations at the 1, 2 and 5 year horizons. The Banks belief is that the 5-year expectation is a good measure of the credibility...
Areas of change in BoK September Statement from August
Sep 11, 2015 05:21 am UTC| Commentary Central Banks
The BoK downgraded its external assumptions and acknowledged that the global economy will recover at a slower pace than its August assessment: the global economy will maintain its recovery going forward, albeit at a...
US Fed unlikely to hike next week
Sep 11, 2015 03:55 am UTC| Commentary Central Banks
Next week, all eyes will be on the September FOMC meeting, at which the Fed will also release the updated summary of economic projections, followed by the press conference. The Fed is unlikely to hike next week, despite...
Singapore: A tougher decision to hold policy
Sep 11, 2015 02:07 am UTC| Commentary Central Banks
The MAS to leave the slope, width and midpoint of the SGD NEER policy band unchanged at its October meeting. Growth and inflation rates have fallen by more than expected this year, but not by enough to trigger further...
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
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