Central Banking Series

Central Banking Series

ECB likely to maintain dovish stance, will continue to look through changes in HICP inflation

Mar 06, 2017 12:19 pm UTC| Insights & Views Central Banks

European Central Bank (ECB) holds monetary policy meeting on 9th this week and we expect no changes to main rates or QE program. The ECB will also publish new growth and inflation projections. The ECB has maintained an...

Central Banking Series

Central bank of Taiwan likely to maintain policy rate at 1.375 pct, says Scotiabank

Mar 03, 2017 06:11 am UTC| Commentary Central Banks

The Central Bank of the Republic of China (Taiwan) (CBC) is expected to maintain its benchmark policy rate at 1.375 percent at the monetary policy meeting scheduled to be held on March 23. Governor Perng added that the...

Central Banking Series

Bank Negara Malaysia maintains interest rate unchanged at 3 pct

Mar 02, 2017 16:33 pm UTC| Commentary Central Banks

Bank Negara Malaysia (BNM) stood pat at policy meeting on Thursday, holding the Overnight Policy Rate (OPR) unchanged at 3.00 percent. BNM said that economic conditions have evolved in line with their expectations. In...

Central Banking Series

National Bank of Poland likely to stay pat, inflation projection could be revised significantly higher

Mar 02, 2017 15:28 pm UTC| Commentary Economy Central Banks

Poland PMI in February dropped slightly from 54.8 in January to 54.2 points, but still remains close 22-month highs, which point to strong business conditions in the Polish manufacturing. Business conditions have improved...

Central Banking Series

RBNZ likely to hike official cash rate around mid-2018, says ANZ Research

Mar 02, 2017 05:47 am UTC| Commentary Central Banks

The Reserve Bank of New Zealand (RBNZ) is expected to raise its official cash rate (OCR) probably around mid-2018, even though at the February Monetary Policy Statement, the RBNZ remained very neutral and today that was...

Central Banking Series

FxWirePro: Is PBoC effort prudent to keep capital outflows on check? Buzzing IRS and cash bonds (CGBs)

Feb 28, 2017 09:35 am UTC| Central Banks Insights & Views

We expect depreciation pressures on the Renminbi would return over the medium-term. Although the slower capital outflows may persist in the very near-term, the downside risk in the medium-term comes from the private...

Central Banking Series

ECB likely to stretch QE beyond March 2017, says Commerzbank

Feb 28, 2017 08:33 am UTC| Commentary Economy Central Banks

The European Central Bank is expected to extend its quantitative easing programme beyond March 2017 at its last monetary policy meeting this year, scheduled on December 8. Also, the Italian constitutional referendum, to be...