What sort of Reserve Bank governor will Philip Lowe be?

Jun 20, 2016 06:20 am UTC| Insights & Views Central Banks

Glenn Stevens ten year stewardship of the Reserve Bank of Australia has been characterised by remarkable challenges. Yet, if the Australian economy has shown considerable resilience over this troubled decade, particularly...

Bank Indonesia eases policy rate for fourth time this year on weak inflation outlook

Jun 17, 2016 12:20 pm UTC| Central Banks Commentary

The Bank of Indonesia cut the policy rate by 25bps to 6.50 percent last Thursday and also trimmed its seven-day repo rate to 5.25 percent. This was the fourth rate cut this year with the central bank taking advantage of...

BoT likely to remain on hold ahead of Brexit referendum

Jun 17, 2016 10:06 am UTC| Commentary Central Banks

The Bank of Thailand is likely to maintain status quo at its upcoming monetary policy committee meeting on June 22 despite the International Monetary Fund urging policymakers to ease monetary policy to support growth and...

Oil price decline likely to bring US inflation's expectations to lowest level since 2008-09 crisis

Jun 17, 2016 09:59 am UTC| Commentary Central Banks

Inflation expectation is the United States as measured by 5year-5 year (5y-5y) forward inflation expectation rate is reaching for the bottom it made in February. The forward inflation expectations dropped to 1.42 percent...

Japan’s monthly report keeps economic outlook steady, warns of weak inflation

Jun 17, 2016 06:29 am UTC| Commentary Central Banks

Japans monthly report held economic outlook stable, while warning of weak consumer prices to continue in the near term. The report revealed doubts over the policymakers three-year effort to stabilize...

Fed Hike Aftermath Series

Fed provides little forward guidance on timing of a rate hike

Jun 16, 2016 16:59 pm UTC| Commentary Central Banks

As widely expected, the US Federal Reserve left the Fed funds target range unchanged at 0.25 to 0.50, postponing further monetary tightening. This is the fourth straight meeting in which the FOMC has decided against a rate...

BoE stays on hold, sounds warning tone over UK economy

Jun 16, 2016 13:12 pm UTC| Central Banks Commentary

The Bank of England held its interest rate steady at its monetary policy meeting held on Thursday, just a week prior to the UK referendum concerning Britains membership in the European Union. The central bank reiterated...