CNB to hike countercyclical capital buffer rate to 1 pct from July 2018

Jun 14, 2017 22:46 pm UTC| Commentary Central Banks

On Wednesday, the Czech National Bank announced that it would hike the countercyclical capital buffer rate from 0.5 percent to 1 percent with effect from 1 July 2018. The central bank stated continued rapid credit growth...

U.S. Fed hikes rates by 25 bps, to start normalization of balance sheet later in 2017

Jun 14, 2017 22:22 pm UTC| Commentary Central Banks

The Federal Open Market Committee hiked the target range for the federal funds rate by 25 basis points to between 1 and 1-1/4 percent. The Committee also expects to start normalization of the balance sheet later in 2017,...

Sweden's inflation stronger than expected in May, but turnaround in Riksbank's dovish stance still a long way off

Jun 14, 2017 12:47 pm UTC| Insights & Views Economy Central Banks

Swedens CPIF gauge of inflation came in at 1.9 percent year-on-year in May, as compared with the Riksbanks projection of 1.7 percent and consensus expectations of 1.8 percent. CPIF, excluding energy was 1.6 percent...

FxWirePro: Deploy DXY straddles on dual reading of overnight volatility ahead of FOMC

Jun 14, 2017 12:42 pm UTC| Central Banks Research & Analysis Insights & Views

The old conflict between what the market expects and what the Fed suggests has been re-ignited. This does not involve a rate hike expected for today which is completely priced in on the market and which therefore...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Key points to note ahead of FOMC

Jun 14, 2017 10:49 am UTC| Commentary Central Banks

Today, policymakers at the US Federal Reserve will conclude their two-day meeting and will announce the decision on the interest rate as well as release projection materials at 18:00 GMT. A speech by Chair Janet Yellen is...

BoJ likely to stand pat this week, to sound more upbeat on growth outlook: DBS Bank

Jun 14, 2017 08:32 am UTC| Commentary Central Banks Economy

The Bank of Japan (BoJ) is expected to stand pat this Friday, keeping the policy rate at -0.1 percent and the 10-year JGB yield target at 0 percent. The central bank may sound more upbeat on the growth outlook during the...

FxWirePro: Worrying more about tomorrow than today? A glimpse on BoJ policy front

Jun 14, 2017 07:10 am UTC| Central Banks Insights & Views

Market risk sentiment was mixed in Asia ahead of the US Fed policy decision later today which seems to be factored in FX markets. The US Federal Reserve is expected to raise policy interest rates by 0.25% this evening, in...