Further easing from BoJ likely at April meeting
Mar 21, 2016 12:27 pm UTC| Commentary Central Banks
The Bank of Japan last week left its major monetary policies unchanged but downgraded its view of the economy, opening the door to further action in the months ahead. Japans consumer price inflation remains stuck far below...
Egypt Devaluation Positive, Economic Challenges Remain
Mar 21, 2016 09:36 am UTC| Commentary Economy Central Banks
Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly credit positive but the country faces a difficult year of slower growth, high inflation and large financing...
CBR left rates unchanged but surprised with a relatively tough rhetoric
Mar 18, 2016 15:31 pm UTC| Commentary Central Banks
Central Bank of Russia left its main lending rate at 11 percent on Friday as widely expected and sent out a relatively hawkish signal about its willingness to persist with moderately tight monetary policy despite signs of...
Bank of Russia keeps key rate on hold again, does not believe in sustainably strong oil market
Mar 18, 2016 12:58 pm UTC| Commentary Central Banks
The Bank of Russia once again kept its key rate on hold at 11% today, on par with expectations. However, some analyst had expected a cut of 50bp, but the odds were close to 50%. The central bank noted that the...
ECB’s Paret hints further rate cuts: will it weaken Euro?
Mar 18, 2016 10:10 am UTC| Commentary Central Banks
Its not over. Do you hear?? European Central Bank (ECB) is not done with easing. European Central Banks (ECB) executive board member Peter Part in an interview with La Republica, published today, said that ECB has yet...
BI should ease pace of easing policy, should wait until Q2 to cut rates
Mar 18, 2016 06:57 am UTC| Commentary Central Banks
Bank Indonesia (BI) lowered its rate for the third consecutive time yesterday, cutting its entire policy corridor by 25bps, with the reference, Fasbi/deposit and repo rates being lowered to 6.75%, 4.75% and 7.25%...
BoE to vote unanimously in favour of holding rates, pound to see little impact
Mar 15, 2016 13:54 pm UTC| Commentary Central Banks
Bank of Englands monetary policy meet is scheduled for Thursday, 17th March, a day after the new budget is delivered, and is expected to vote unanimously in favour of leaving rates unchanged. The meeting is likely to be a...
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