BoJ seems committed to yield curve control
Dec 14, 2016 08:13 am UTC| Commentary Central Banks Economy
The actions taken by the Bank of Japan (BoJ) yesterday shows that the central bank remains committed to its experimental monetary policy of yield curve control and we at FxWirePro believe that it would continue that way as...
Chilean central bank likely to remain on hold at 3.5 pct in December, may introduce dovish statement
Dec 12, 2016 11:28 am UTC| Commentary
The Chilean central bank has undertaken a wait-and-see stance in 2016 after its hawkish moves of the fourth quarter of last year. The BCCh, for the last few meetings has been considering the option of a rate cut. During...
BoK likely to remain on hold next week, inflation in 2017 to reach target band, says ANZ
Dec 09, 2016 11:55 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to remain on hold at the monetary policy meeting scheduled to be held next week, with headline inflation making a gradual and slow rise. Also, consumer prices in the country are expected...
ECB kick starts tapering but in a dovish disguise
Dec 09, 2016 11:11 am UTC| Commentary Central Banks
The European Central Bank (ECB) yesterday announced the extension of its current bond-buying program while the interest rates at thecurrent level. Under the current program, ECB is set to buy public sector bonds at the...
UK gilts witness heavy sell-off as BoE raises inflation expectations, ECB’s tapering lends support
Dec 09, 2016 10:44 am UTC| Commentary Central Banks
The UK gilts witnessed a heavy sell-off on Friday as the Bank of England (BoE) in its latest inflation survey raised its expectations for inflation and interest rates. Also, the European Central Bank announced yesterday...
ECB extends QE purchases till December 2017, likely to adopt further expansion
Dec 09, 2016 05:23 am UTC| Commentary Economy Central Banks
The European Central Bank, at the monetary policy meeting held Thursday, extended the QE purchases by nine months to December 2017, but reduced the monthly purchases to EUR60bn from EUR80 billion. The lower pace of...
How the Fed joined the fight against climate change
Dec 09, 2016 03:44 am UTC| Insights & Views Central Banks
The Federal Reserves policy committee is expected to lift its target interest rate a quarter-point to a range of 0.5 percent to 0.75 percent at its final meeting of 2016. The main reasons the Fed has kept rates near...
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