RBA leaves cash rate at 2% as lower AUD supports growth
Sep 01, 2015 04:56 am UTC| Commentary Central Banks
For the second time in as many months the Reserve Bank of Australia signaled in its cash-rate statement that the Australian dollar was at a level which was assisting economic growth rather than hampering it. The Reserve...
Less certainty on September Fed hike
Sep 01, 2015 04:45 am UTC| Commentary Central Banks
The July FOMC statement highlighted the bar for hikes is not high with the Committee only need to see some further improvement in labor market improvement before they will be comfortable raising rates. However, uncertainty...
RBA confronting riskier outlook
Sep 01, 2015 04:30 am UTC| Commentary Central Banks
A lot has happened since the RBAs August meeting, the net effect of which must have been to make the RBA board a good deal more concerned about downside risks to the outlook. To a large extent these risks emanate from...
Poland's new monetary policy strategy for 2016
Sep 01, 2015 03:49 am UTC| Commentary Central Banks
Polands MPC is expected to announce the new Monetary Policy Guidelines for 2016 in September (probably after the September MPC meeting). The possibility that the council will change the inflation target cannot be ruled...
Poland's July MPC minutes not so dovish
Sep 01, 2015 03:49 am UTC| Commentary Central Banks
According to the July NBP minutes, the majority of council members want rates to stabilise at the current level. They wrote in the minutes that in the coming years inflation was likely to gradually rise towards the target,...
Rising pressure on a reluctant RBA to ease further
Aug 31, 2015 22:58 pm UTC| Commentary Central Banks
The market has increased pricing of the risk of further easing due to the transmission of weaker regional growth. The AUD may need further depreciation on a TWI basis considering the current pressure on the terms of trade....
Unchanged Euro area inflation is set to reduce pressure on ECB
Aug 31, 2015 14:55 pm UTC| Commentary Central Banks
Euro area HICP inflation was unchanged at 0.2% y/y in August against consensus expectations of a small decline to 0.1% y/y. Core inflation was unchanged at 1.0% y/y, which was also better than expected as consensus was for...
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