Bank of England’s (BoE) balance sheet expansion will be larger than it meets the eye
Aug 05, 2016 10:18 am UTC| Commentary Central Banks
Yesterday, the Bank of England (BoE) delivered a comprehensive package of measures to address the weakness in the UK economy after the June referendum that could result in an eventual Brexit from the European Union. It...
Reserves at SNB surge to new record
Aug 05, 2016 09:11 am UTC| Commentary Central Banks
According to data released on Friday, the FX reserves at the Swiss National Bank (SNB) have climbed to SFr 615.4 billion. In July alone it grew by SFr 6.5 billion. After the UK referendum on June 23, in which majority of...

Aug 05, 2016 07:55 am UTC| Central Banks Insights & Views
As expected, the statement fell short of providing explicit forward guidance, but we interpret the larger number of risks to the outlook and the RBAs forecast that average underlying inflation would be stuck at the bottom...

Chart of the Day: 322 year low
Aug 04, 2016 14:07 pm UTC| Commentary Central Banks
With todays rate cut from the bank of England (BoE), theinterest ratein the United Kingdom has dropped to a fresh 322 year low, as shown in this chart from bondvigilantes.com. Speculation would soon grow up for more in...
Bank of England lowers interest rate to 0.25 pct and expands QE
Aug 04, 2016 13:23 pm UTC| Commentary Central Banks
The Bank of England has lowered the interest rate to record low on Thursday, the first rate cut since 2009. The Monetary Policy Committee members unanimously decided to cut the Bank Rate to 0.25 percent from 0.50 percent....
Czech National Bank keeps interest rates on hold
Aug 04, 2016 12:27 pm UTC| Commentary Central Banks
The Czech National Banks Board kept the interest rates on hold today during its meeting. The central bank kept the repo rate at 0.05 percent, the discount rate at 0.05 percent and the Lombard rate at 0.25 percent. The...

Bank of England announces aggressive monetary and quantitative easing steps
Aug 04, 2016 12:23 pm UTC| Insights & Views Central Banks Commentary
Bank of England Monetary Policy Committee voted unanimously to cut interest rates by 25 basis points to a new record low of 0.25 percent as widely expected by the markets. This was the central banks first cut since 2009....