Central Banking Series

Central Banking Series

RBI likely to leave policy rate unchanged at 6.25 pct at next policy meeting, says Commerzbank

May 30, 2017 10:04 am UTC| Commentary Central Banks Economy

After the Reserve Bank of India (RBI) shifted to a neutral stance from accommodative in February, the market began to contemplate the idea that the next RBI move could be a hike. Since February however, inflation has...

Central Banking Series

BoT likely to maintain key policy rate at 1.5 pct for prolonged time period, says DBS Bank

May 29, 2017 10:50 am UTC| Commentary Central Banks Economy

The Bank of Thailand (BoT) is expected to maintain its benchmark policy rate at 1.5 percent for a prolonged period of time. There is only a small chance of seeing headline inflation back above 2.5 percent in the next 2...

Central Banking Series

Fed likely to raise interest rate three times in 2018, says Lloyds Bank

May 26, 2017 05:46 am UTC| Commentary Central Banks Economy

The United States Federal Reserve is expected to raise its benchmark interest rate three times in 2018 while adopting two more hikes through this year. The central bank left monetary policy unchanged after the Federal Open...

Central Banking Series

Bank of Canada keeps policy interest rate unchanged at 0.5 pct with neutral statement

May 24, 2017 16:04 pm UTC| Commentary Central Banks

As was widely anticipated, the Bank of Canada kept its key policy interest rate on hold at 0.5 percent. The central banks statement accompanying the decision struck a neutral tone, noted TD Economics. The statement...

Central Banking Series

National Bank of Hungary likely to keep policy on hold in May

May 22, 2017 16:09 pm UTC| Commentary

The National Bank of Hungary is expected to keep its policy on hold this week; however, despite of rising inflationary environment the possibility of additional monetary easing is still there. The latest minutes of the...

Central Banking Series

National Bank of Poland likely to maintain ultra-easy monetary stance, EUR/PLN to rise in months ahead

May 22, 2017 15:42 pm UTC| Commentary

Polands industrial production and retail sales data came in disappointed in April. Headline industrial output dropped 0.6 percent year-on-year, as compared with expectations of 1.9 percent growth. On a seasonally adjusted...

Central Banking Series

Poland economy starts Q2 on strong note, but lack of inflationary pressure to keep NBP's easy monetary stance intact

May 22, 2017 12:01 pm UTC| Insights & Views Economy Central Banks

The Monetary Policy Council of the National Bank of Poland (NBP) decided to keep the interest rates on hold at last weeks meeting and indicated that it may not start to lift interest rates next year as analysts had...