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,...
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...