The Czech National Bank has left rates unchanged,but the board has started to cast a shadow
Nov 05, 2015 18:28 pm UTC| Commentary Central Banks
The CNB has left rates unchanged, and the FX floor remains at EUR/CZK27. The statement no longer included the sentence that the exit would not occur before H2 16. However, Governor Singer said that the floor would probably...
Nov 05, 2015 16:49 pm UTC| Commentary Central Banks
The Monetary Policy Committee voted 8-1 to maintain interest rates unchanged at todays meeting. MPC member Ian McCafferty again voted for a 25bp rate increase. The consensus and forecast estimate was a 8-1 vote on rates....
Strong GBP still a concern for BoE – buys time before the crucial meeting in December
Nov 05, 2015 16:26 pm UTC| Commentary Central Banks
As expected, the Monetary Policy Committee (MPC) kept the Bank Rate and stocks of purchased assets unchanged at 0.50% and GBP375bn, respectively. The vote was once again 8-1, as Ian McCafferty still voted in favour of...
Even with weak data, Fed rhetoric increasingly points toward a December lift-off
Nov 05, 2015 02:40 am UTC| Commentary Central Banks
Even with weak data, Fed rhetoric increasingly points toward a December lift-off. In her testimony before Congress yesterday, Chairwoman Yellen said the economy is performing well and a December hike is a live possibility....
Bank of Thailand kept rates unchanged on Wednesday
Nov 05, 2015 02:29 am UTC| Commentary Central Banks
As widely expected, Bank of Thailand (BOT) kept rates unchanged on Wednesday. That it was a unanimous decision was somewhat surprising. The central bank sees a gradual recovery in the economy, on the back of an accelerated...
Malaysia Central Bank is expected to keep monetary policy on steady keel today
Nov 05, 2015 01:57 am UTC| Commentary Central Banks
Bank Negara is expected to keep monetary policy on steady keel today. The central is widely expected to leave the Overnight Policy unchanged at 3.25% in todays meeting. Despite the mix of higher inflation, slow growth and...
ECB to ease monetary policy in December
Nov 04, 2015 09:27 am UTC| Commentary Central Banks
Euro area headline inflation stood slightly to the downside in October whereas, core prices of the economy rose more than the expectation. At the non-core level, energy inflation remains weak, while food prices continue to...
Threading Opportunity: How an India–EU FTA Could Reweave Textile Fortunes