Weidman worries inflation; calls for ECB to not to fear hikes
Dec 22, 2016 13:37 pm UTC| Commentary Central Banks
According to the German Bundesbank chief Jens Weidman, the European Central Bank (ECB) is running the risk of keeping monetary policy too loose in the face of higher inflation. Mr. Weidman, who voted against additional...
Czech National Bank likely to keep policy unchanged in December
Dec 22, 2016 06:14 am UTC| Commentary
The Czech National Bank is unlikely to make any changes in its guidance in its upcoming meeting today and is expected to keep its policy unchanged. The central bank has already received two early Christmas gifts. Firstly,...
PBoC may start another round of policy easing by Q2 2017 – Deutsche Bank
Dec 21, 2016 16:40 pm UTC| Commentary Economy Central Banks
Growth stability in China has alleviated concerns over a hard landing, as quasi fiscal spending pushes up infrastructure investment. Upbeat property market is largely driving stability in Chinas activity data. Chinas GDP...
PBoC to tighten supervision of shadow banking businesses; aims to prevent asset bubbles in 2017
Dec 21, 2016 14:33 pm UTC| Commentary Central Banks Economy
The Peoples Bank of China is set to tighten supervision of shadow banking businesses in an effort to prevent asset bubbles in 2017 and to place greater importance on managing financial risk. The PBOC also urged financial...
Central Bank of Iran official hints heavy fintech project underway
Dec 21, 2016 09:08 am UTC| Fintech
The Central Bank of Iran (CBI) has decided to launch a new fintech regulatory body, according to CBI official, as reported by Financial Tribune. CBI has been working on fintech regulations since last year. We are...
BoE’s McCafferty back being a hawk
Dec 20, 2016 12:50 pm UTC| Commentary Central Banks
In a speech in Dorset on Tuesday, Bank of England (BoE) policymaker Ian McCafferty, a renowned hawk, who has voted in favor a hike most number of times over the past four years, said that the probability of a hike as the...
Central Bank of Turkey keeps key interest rate on hold
Dec 20, 2016 12:43 pm UTC| Commentary Central Banks
The Monetary Policy Committee of the Central Bank of Turkey has decided to keep the key interest rate unchanged today. The Committee kept the Marginal Funding Rate at 8.5 percent and borrowing rate at 7.25 percent. The...