Vital Signs Series

A tale of two central bankers

Mar 17, 2016 22:53 pm UTC| Insights & Views Central Banks

Central banks struggle with ok economies. The key economic and financial news this week concerned what the US Federal Reserve plans to do this year, and why the Reserve Bank of Australia did what it did last...

BoE votes unanimously to leave Bank Rate on hold, decides to express a view on Brexit

Mar 17, 2016 15:08 pm UTC| Commentary Central Banks

Bank of Englands Monetary Policy Committee voted unanimously to leave Bank Rate at 0.5% and the size of the asset purchase facility at 375bn. Bank of England finally decided to express a view on Brexit. The BoE acknowledge...

Negative Rates Series

Norges bank recognises possibility for negative interest rates

Mar 17, 2016 13:34 pm UTC| Commentary Central Banks

Norges Bank earlier on Thursday lowered interest rates as expected to 0.50 percent and lowered rate path. The new interest rate path was adjusted down 40 basis points in 2017 and down 65 basis points in the fourth quarter...

Briferendum Series

Briferendum series: BOE may face backlash from exit group

Mar 17, 2016 12:45 pm UTC| Commentary Central Banks

Before treasury committee Bank of England (BOE) governor pledged that the bank will remain neutral and will refrain from recommending what to over the referendum, at the same time Mr. Carney warned against the uncertainty...

Negative Rates Series

Negative Rates Series: Another on the (Nor) way

Mar 17, 2016 12:25 pm UTC| Commentary Central Banks

Central Bankers love affairs with negative rates these days are no biggie, still its a news when despite some adverse reaction in the market to negative rates another one inches towards it. Today, Norways central bank,...

Fed Hike Aftermath Series

FED Hike Aftermath Series: hike probabilities review

Mar 17, 2016 10:37 am UTC| Commentary Central Banks

Back in December, after FED hiked rates by 25 basis points, Market was pricing two more hikes in 2016, while FEDs dot-plot was predicting four. Since then lot has happened. As market faced heavy turmoil in January and...

Fed Hike Aftermath Series

FED Hike Aftermath Series: Dot-plot magic downs Dollar

Mar 17, 2016 09:42 am UTC| Commentary Central Banks

FEDs dot plot, which represents policymakers expectation of future rates going forwards is working its magic but not in favor of Dollar, this time around. Reason is simple, all of Federal Open Market committee (FOMC)...