PBoC infuses cash through X-Repo to snap bond markets out of sharp declines

Dec 21, 2016 15:24 pm UTC| Commentary Central Banks Economy

The Peoples Bank of China (PBoC) had been trying to suppress growing risks in the domestic bond market, which was seen as overheated and displaying characteristics of a bubble by many analysts, citing high leverages in the...

UK long-term inflation expectations above 2-year high in Dec - Citi/YouGov survey

Dec 21, 2016 14:49 pm UTC| Commentary Economy

A survey by conducted jointly by Citi bank and YouGov showed on Wednesday that UKs long-term inflation expectations hit a more than two-year high in December, as consumers braced for a bout of higher prices after the...

Central Banking Series

PBoC to tighten supervision of shadow banking businesses; aims to prevent asset bubbles in 2017

Dec 21, 2016 14:33 pm UTC| Commentary Central Banks Economy

The Peoples Bank of China is set to tighten supervision of shadow banking businesses in an effort to prevent asset bubbles in 2017 and to place greater importance on managing financial risk. The PBOC also urged financial...

Why academics consulting with industry on health care may be an idea whose time has come

Dec 21, 2016 14:28 pm UTC| Insights & Views Business Economy

Perhaps ironically, the advent of the Trump presidency could signal an even greater role for academics in shaping public policy. The president-elect has set out an ambitious agenda, but with many details left to fill in,...

UK long-term inflation expectations at highest level since 2014

Dec 21, 2016 12:56 pm UTC| Commentary Economy Central Banks

According to a Citi/YouGov poll, the long-term inflation expectation, which is for 10 years has reached 3 percent, the highest level since September 2014. It is up from 2.8 percent level seen in the previous survey. It...

Why people trust sharing economy strangers more than their colleagues

Dec 21, 2016 11:20 am UTC| Insights & Views Business Economy

Trust is a crucial element in any relationship, not least when financial transactions are taking place. The rise of sharing economy platforms such as Airbnb and Uber where you pay a stranger for a service are especially...

Thailand auto sales fall in November, Federation of Thai Industries forecasts rise in 2017

Dec 21, 2016 10:07 am UTC| Commentary Economy

Vehicle sales in Thailand fell during the month of November due to the high base effect last year as consumers rushed to buy cars before tax changes. However, the Federation of Thai Industries (FTI) has forecasted a rise...