Russia keeps interest rate unchanged as economy is waiting for inflation to decelerate
Dec 11, 2015 15:31 pm UTC| Commentary Central Banks
The Bank of Russia (CBR) decided to keep its key rate unchanged at 11.0%, in line with forecast and the split consensus. The press statement and Governor Nabiullinas news conference provided a clear description of the CBRs...
Norges Bank likely to remain on hold in December
Dec 11, 2015 07:06 am UTC| Commentary Central Banks
Core inflation of Norway surprised the market on upside in November as it is increased by 3.1%. The Norges Bank was expecting the figure at 2.96%. The higher than expected inflation is the result of increase in year on...
BoE may hike bank rates in Q2 2016
Dec 11, 2015 05:49 am UTC| Commentary Central Banks
The MPC left the bank rate unchanged at 0.50% and stocks of purchased assets at GBP375bn. Ian McCafferty, member of MPC voted in favor of increasing the Bank Rate by 25bp immediately, hence, the vote was 1-8 in favor of...
ECB's move marks an end of the easing?
Dec 11, 2015 05:35 am UTC| Commentary Central Banks
The European Central Bank delivered a 10 bp rate cut in its monetary policy meeting in December, along with amenu of easing, which was disappointment to the markets. This move from the ECB marked the end of easing,...
Dec 10, 2015 19:32 pm UTC| Commentary Central Banks
The Swiss National Bank (SNB) left policy rates unchanged, no surprise. It expects a weaker CHF over time, something that is also needed to support growth and to bring inflation closer to target. More easing from the ECB...
RBA to stay put in H1 2016, as inflation expectations soar
Dec 10, 2015 10:54 am UTC| Commentary Central Banks
To add to the headache of Reserve Bank of Australias (RBA) policymakers, who are trying to tame slowdown using loose monetary policy at one hand, facing real estate price hike and deteriorating terms of trade at the other,...
Dec 10, 2015 07:01 am UTC| Commentary Central Banks
Swiss National Bank will announce its monetary policy decisions at 8:30 GMT today. Economic conditions Switzerland GDP is around $ 685 billion however growth rate has sharply slowed down. In third quarter economy...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects