Why the Reserve Bank should resist calls to alter its inflation range
May 17, 2016 02:57 am UTC| Insights & Views Central Banks
For economists and others who grew up being challenged to achieve low and stable inflation against the background of high and volatile inflation rates that emerged in Western countries in the 1970s (and persisted in...
BSP introduces narrower interest rate corridor, to implement in June
May 16, 2016 09:38 am UTC| Commentary Central Banks
The Philippines central bank established a narrower interest rate corridor. It announced the Lending Rate as the ceiling rate at 3.5%, replacing the repo rate of 6%. The reverse report rate is replaced by the new Borrowing...
Kenya Central Bank Governor comments on more policy easing
May 13, 2016 09:51 am UTC| Commentary Central Banks
Kenya Central Bank Governor Njoroge on Thursday said that there is enough room to ease policy in Africas biggest economy as inflation hit governments target range of 2.5-7.5 pct, coming in at 5.3 pct. Expectations have...
BoJ Gov Kuroda hints at additional easing steps, says downside risks persist
May 13, 2016 06:44 am UTC| Commentary Central Banks
Bank of Japan Governor Kuroda, speaking at the Parliament in Tokyo on Friday, hinted at additional easing if needed, coupled with quantitative easing, to purposely act on the Central Banks target to achieve 2 pct...
Why has CBRT remained unchanged in monetary policy stance?
Apr 21, 2016 06:45 am UTC| Commentary Central Banks
Turkish central bank (Central Bank of Republic Turkey) left its benchmark one-week repo rate unchanged at 7.5% on April 20th, as widely expected, saying it will maintain the tight monetary policy stance considering the...
G-20 reaffirms previous exchange rate commitments, warns against reliance on low interest rates
Apr 18, 2016 15:54 pm UTC| Commentary Economy
The G-20 countries reaffirmed their previous exchange rate commitments, including that they will refrain from competitive devaluations and they will not target their exchange rates for competitive purposes. The worlds top...
Apr 14, 2016 15:37 pm UTC| Commentary Central Banks Economy
The Monetary Authority of Singapore (MAS) on Thursday, surprised the market by loosening its monetary policy. The central bank set a target of a zero per cent currency appreciation, and said that this change of stance was...
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