RBI cuts interest rate by 25 bsp, likely to further lower by 25 bps in October - ANZ
Aug 02, 2017 16:58 pm UTC| Commentary Central Banks
The Reserve Bank of India lowered its policy repo rate on Wednesday. The RBI cut its key interest rate by 25 basis points. Coming against the backdrop of unusually low inflation and sluggish growth, the interest rate cut...
Slower growth likely to keep BoE on hold despite lower unemployment, says Danske Bank
Aug 02, 2017 11:45 am UTC| Commentary Central Banks Economy
Despite slower growth, the Bank of England (BoE) has turned more hawkish recently, as inflation has moved higher and the unemployment rate lower. Still, we do not expect a BoE rate hike before some time in 2019: GDP growth...
RBI likely to stay on hold with a dovish stance this week, says Scotiabank
Aug 01, 2017 08:14 am UTC| Commentary Central Banks Economy
The Reserve Bank of India (RBI) is expected to leave its policy rate unchanged at 6.25 percent with a dovish stance on Wednesday afternoon, aimed at striking a balance between bolstering the nations economic growth and...
Greenback pressurized deeper by Fed’s inability to convince markets, says Commerzbank
Jul 27, 2017 08:02 am UTC| Commentary Economy
The FOMC statement seems to have been the trigger rather than the cause of this new leg of USD weakness. The dollar is struggling and the only reason EUR/USD had for not been trading in the mid-1.17ies earlier was that...
Jun 29, 2017 12:23 pm UTC| Central Banks Insights & Views
The Czech National Bank held its two-week repo rate at a record low of 0.05 pct, to keep its benchmark rate on hold today but the CB sends out a more dovish signal as widely expected. The discount rate and the Lombard...
Jun 21, 2017 11:55 am UTC| Insights & Views Central Banks
The Peoples Bank of China (PBoC) faces daunting challenges, including balancing growth, minimizing currency volatility, promoting economic stability, preventing asset price bubbles, ensuring adequate market liquidity and...
RBNZ likely to stand pat on policy today
Jun 21, 2017 10:35 am UTC| Commentary Central Banks
Today Reserve Bank of New Zealand (RBNZ) will announce its monetary policy around 21:00 GMT. Over the past two years or so, RBNZ has reduced rates from 3.5 percent to 1.75 percent, which is an all-time low, however, the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
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