Banxico plans to fight Trump effects with higher interest rate
Nov 16, 2016 09:17 am UTC| Commentary Economy Central Banks
Banco de México, popularly known as Banxico will announce interest rate decision tomorrow at 19:00 GMT and it is expected that the central bank will increase interest rate sharply to fight of the recent effects of a...
US election outcome to determine Banxico's action next week
Nov 08, 2016 14:33 pm UTC| Commentary Central Banks Politics
The Mexican Peso remains vulnerable to developments in the U.S. elections which were reflected in the price action over the past two weeks. An improved likelihood of a Trump election victory was bad for the peso, while a...
RBA remains on hold for 3rd straight month
Nov 01, 2016 05:53 am UTC| Commentary Central Banks
The Reserve Bank of Australia (RBA) remained on hold for the third successive policy meeting in a row and is likely to maintain a neutral stance in the near term. The main change to the press release was the inclusion of a...
Russian central bank keeps interest rate unchanged, likely to slash rates early next year
Oct 28, 2016 11:46 am UTC| Commentary Central Banks Economy
Russian central bank kept its key interest rate on hold at the monetary policy meeting held Friday, but said it might cut rates in the first or second quarter of next year. Russias central bank decided to hold its key...
U.S. Fed likely to remain on hold, may revise down 2016 GDP growth outlook
Sep 20, 2016 07:04 am UTC| Commentary Central Banks
The U.S. Fed is likely to refrain from hiking its interest rates tomorrow, according to Nordea Bank. The communication of the U.S. central bank has been ambiguous ahead of the upcoming FOMC meeting. Fed Chair Janet Yellen...
CNB maintains view on right time to exit FX floor; negative rates not on table for now
Sep 05, 2016 06:19 am UTC| Commentary Central Banks
Board of the Czech National Bank kept its monetary policy on hold again on Thursdayas per expectations. The central bank did not change its view on the likely timing for exiting the FX floor either. CNB Governor Miroslav...
BoJ Monetary Policy: Trapped without exit
Sep 01, 2016 09:08 am UTC| Commentary Economy Central Banks
The central bankers around the developed world have been trying since the great recession of 2008/09, in order to revive their respective economies and fulfill their statutory mandates which are to maintain price...
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