Briferendum Series

Liquidity a concern after Brexit? SNB to follow unconventional measures to regulate excessive currency appreciation

Jun 27, 2016 12:18 pm UTC| Insights & Views Central Banks

The large central banks reacted to the Brexit shock as they should react to quick risk-off moves: they affirmed that if necessary the liquidity supply would be ample. However, in the majority of G7 countries, the local...

Norges Bank likely to cut rates in H2 despite high inflation due to weaker growth outlook

Jun 27, 2016 11:53 am UTC| Commentary Central Banks Economy

The Norges Bank is depending on an expansionary monetary policy because of the weaker economic outlook. The central bank has cut its interest rate by 100 basis points to current 0 .5 percent since the end of 2014. The...

Taiwan central bank likely to ease policy as inflation maintains weakness

Jun 27, 2016 06:17 am UTC| Central Banks Commentary

The Central Bank of the Republic of China (Taiwan) is expected to cut rates at its monetary policy meeting, scheduled to take place this Thursday as weakening inflation, coupled with a deteriorating labor market has kept...

ECB voices for more liquidity after GBP hit three decade’s lows on Brexit

Jun 24, 2016 12:51 pm UTC| Central Banks Insights & Views Commentary

Despite all statistical models which we or others had compiled, despite all volatility analyses or opinion polls, we hadnt really been able to imagine that the majority of the British would really vote in favour of leaving...

China’s economic rebound not on strong footing; room for PBoC to ease policy

Jun 24, 2016 12:45 pm UTC| Commentary Economy Central Banks

The Chinese economic rebound is still not on a strong footing. Even if investment in infrastructure is growing, private investment is weakening. In May, Chinas housing sector also slowed down due to macro-prudential...

ECB’s interference in financial markets keeps euro interest rates low

Jun 24, 2016 11:45 am UTC| Commentary Central Banks

The Eurozone interest rates remain low on account of the European Central Bank holding market grips by setting policy rates or by buying assets on financial markets. However, the market steers not only on the ECBs...

Downside risks to Japan’s economic outlook increase following Brexit; BoJ likely to expand QE

Jun 24, 2016 11:20 am UTC| Commentary Central Banks

The Brexit decision today has increased risks on the downside to Japans economic outlook. The financial channel is expected to have the most impact. The Japanese yen appreciated sharply amidst risk off sentiment. The...