Yellen warns loud against FED oversight bill

Nov 18, 2015 08:16 am UTC| Insights & Views Central Banks

Federal Reserve Chair, Janet Yellen warned against a bill, which is being considered on the floor of House of Representatives, known as FED oversight bill. According to her, the bill if becomes law would severely damage US...

BoJ preview:BoJ to stay on hold with data and market movements mixed since the previous monetary policy meeting

Nov 17, 2015 16:24 pm UTC| Commentary Central Banks

The BoJ will hold a Monetary Policy Meeting (MPM) on 18-19 November. Although it lowered its real growth and CPI forecasts at the previous meeting (30 October), it decided to leave its monetary policy framework unchanged....

Bank Indonesia cuts RRR; flags start of easing cycle

Nov 17, 2015 16:00 pm UTC| Commentary Central Banks

Bank Indonesia (BI) lowered its reserve requirement ratio from 8.0% to 7.5%, with effect from 1 December, in an attempt to ease policy in a way that does not stoke currency volatility. Though not exactly a 25bp policy rate...

RBA provide interim relief to vulnerable AUD – no other strategy but shorting to rescue overvalued currency risk

Nov 17, 2015 13:32 pm UTC| Insights & Views Central Banks

The minutes of the monetary policy meeting of the Reserve Bank Board for November provided no significant surprises. The Aussie gained on Tuesday after minutes of the central banks November board meeting noted some scope...

ECB’s easing promise boosts economic sentiment in Germany

Nov 17, 2015 11:08 am UTC| Insights & Views Central Banks

European Central Banks (ECB) easing hint is doing its magic again through business community, which this have already been enjoying weaker Euro and improvement in domestic demand. Moreover, European Banks survey indicated...

ECB's monetary easing likely next meeting

Nov 17, 2015 09:38 am UTC| Commentary Central Banks

ECBs Executive Board Member Peter Praet has given a hint of monetary easing is in the agenda of the ECBs meeting. He is appeared to be highly concerned about low inflation expectations in the euro area. A structural...

Hungary's MNB likely to hold its rate unchanged

Nov 17, 2015 09:12 am UTC| Commentary Central Banks

Todays MNBs meeting is unlikely to change its bank rate. The MNB is expected to hold its rates unchanged at 1.35%. The market is eagerly waiting for minutes of MPC meeting that whether it will give any indication of...