
Central Bank of Turkey hikes repo rate for first time since early 2014
Nov 24, 2016 12:25 pm UTC| Commentary Central Banks
The Turkish central bank, Central Bank of the Republic of Turkey (CBRT) hiked its repo rate during its monetary policy meeting today for the first time since early 2014. The CBRT raised the interest rate by 50 basis points...

FOMC members consider December hike "important to Fed credibility"
Nov 24, 2016 12:25 pm UTC| Insights & Views Economy Central Banks
Minutes of the November Federal Open Market Committees (FOMC) meeting released on Wednesday were largely unexciting from a near-term policy perspective. After the recent Congressional testimony of Chair Yellen and...
U.S. Fed’s November meeting minutes confirm rate hikes coming soon, says TD Economics
Nov 24, 2016 06:20 am UTC| Commentary Central Banks
The FOMCs November meetings minutes showed that most of the participants saw that the U.S. economic outlook was rebounding and that inflation is moving towards the central banks target rate of 2 percent. The minutes noted...
No major market volatility likely on FOMC minutes
Nov 23, 2016 13:01 pm UTC| Commentary Central Banks
FOMC will release its minutes of meeting at 19:00 GMT. However, this time around no major volatility in the financial markets is likely surrounding the release. The reasons for that are the following, First of all,...

Diverging Fed and ECB monetary policies likely to keep EUR/USD subdued
Nov 23, 2016 12:19 pm UTC| Insights & Views Economy Central Banks
The European Central Bank (ECB) will decide on December 8 on whether and how to extend its 80 billion euros ($85 billion) monthly bond purchases and expectations are for the programme to continue beyond its current March...
Global central bankers face lose-lose situation
Nov 23, 2016 11:37 am UTC| Commentary Central Banks
It is not really a good time to be a central banker. At one hand, they face political backlash over lower interest rates that so far failed to achieve inflation as well as spark growth, on the other hand, theyface...
Brazilian central bank likely to slash rates in November, following gradual decline in inflation
Nov 23, 2016 10:54 am UTC| Economy Central Banks
The Brazilian central bank (BCB) is expected to slash its benchmark Selic rate at the monetary policy meeting scheduled to be held on November 29-30, following agradual easing of inflationary pressures in the recent...