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...

Riksbank closer to end of easing cycle, krona likely to remain supported

Dec 21, 2016 12:26 pm UTC| Insights & Views Central Banks

The Swedish central bank (Riksbank) kept its policy rate on hold at -0.5 percent at its policy meeting today and delivered SEK30bn in extended QE as expected (SEK15bn nominal and SEK15bn linkers) running to mid-2017. The...

Riksbank maintains policy rate at -0.5 pct, extends QE program

Dec 21, 2016 10:04 am UTC| Commentary Central Banks

The Swedish central bank, Riksbank, kept its policy rate on hold at -0.5 percent today during its meeting. However, the central bank extended its QE program by SEK 15 billion in nominal government bonds and by equally much...

BoT maintains benchmark interest rate at 1.50 pct, as broadly expected

Dec 21, 2016 08:51 am UTC| Commentary Central Banks Economy

The Bank of Thailand (BoT) has kept its policy rate unchanged in a unanimous vote, a move expected by all but one of the 25 analysts surveyed by Bloomberg. Leading indicators of domestic demand point to a moderation in...

Central Banking Series

BoE’s McCafferty back being a hawk

Dec 20, 2016 12:50 pm UTC| Commentary Central Banks

In a speech in Dorset on Tuesday, Bank of England (BoE) policymaker Ian McCafferty, a renowned hawk, who has voted in favor a hike most number of times over the past four years, said that the probability of a hike as the...

Central Banking Series

Central Bank of Turkey keeps key interest rate on hold

Dec 20, 2016 12:43 pm UTC| Commentary Central Banks

The Monetary Policy Committee of the Central Bank of Turkey has decided to keep the key interest rate unchanged today. The Committee kept the Marginal Funding Rate at 8.5 percent and borrowing rate at 7.25 percent. The...

Dollar continues to get booster from FED and Trump’s administration, Euro clouded with French and German polls, EUR/USD heading for parity

Dec 20, 2016 12:30 pm UTC| Central Banks Research & Analysis Insights & Views

The Fed took less of a wait and see position on the effect of fiscal policy stimulus on the stance of monetary policy than we had anticipated. Fed Chair Yellen sees little need for large-scale fiscal stimulus when the...