Bank of Mexico hikes key interest rate by 50bps to offset inflation risk
Dec 16, 2016 09:15 am UTC| Commentary Central Banks
The Bank of Mexico, yesterday, followed the Fed action and hiked its key interest rate. The Mexican central bank hiked its rate by a 50 basis points to 5.75 percent. Expectations were for the Banxico to raise rates by 25...
Bank Indonesia keeps policy rate unchanged, likely to deliver rate cut in 2017
Dec 16, 2016 09:06 am UTC| Central Banks Commentary
Bank Indonesia (BI), led by Governor Agus Martowardojo kept is policy rate unchanged at the monetary policy meeting held Thursday, while leaving room for a rate cut in the upcoming new year. BI left the benchmark...
Eurozone QE creates breathing space – here's what governments must do now
Dec 16, 2016 02:44 am UTC| Insights & Views Central Banks
The European Central Banks announcement of a potentially indefinite, albeit tapered, extension of its quantitative easing (QE) programme appears very different to what is happening elsewhere. The US halted its programme...
Bank of Korea likely to stand pat on Thursday amid mounting uncertainties
Dec 14, 2016 11:37 am UTC| Commentary
The Bank of Korea is likely to keep its policy rate on hold at 1.25 percent on Thursday during its policy meeting, and by a unanimous decision, according to a Societe Generale research report. Policymakers are expected to...
Central Bank of Russia likely to cut key rate by 50 basis points in December
Dec 14, 2016 11:29 am UTC| Commentary
The Central Bank of Russia is likely to cut its key rate by 50 basis points to 9.5 percent during its meeting on Friday, according to a Nordea Bank research report. In recent weeks, Russias inflation rate has continued to...
FOMC interest rate projections review since 2013
Dec 14, 2016 11:25 am UTC| Commentary Central Banks
The above figure represents FOMC interest rate projections since 2013 and we would try to assess todays meeting from the past projections. First of all, a rate hike is completely priced in and the financial markets are...
Bank Indonesia likely to keep policy rate unchanged in December
Dec 14, 2016 08:37 am UTC| Commentary
Bank Indonesia is likely to keep its policy rate unchanged during its meeting on Thursday, making it the second straight month the BI will stay on hold after delivering six cuts of 25 basis points each during the year,...
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