Global easing bias remains, despite prospect of Fed tightening

Oct 28, 2015 17:22 pm UTC| Commentary Central Banks

While the FOMC meeting will presumably have concluded with no change in policy, economists continue to expect US interest rates to be raised more than the markets anticipate in 2016 and beyond. Nonetheless, this prospect...

Fed dependent on data

Oct 28, 2015 17:15 pm UTC| Commentary Central Banks

The Fed will round up their second day of meetings today as markets heavily anticipate the 2 p.m. press release. Analysts across the spectrum do not expect a rate increase at this meeting, approximating the chances of a...

BoJ slightly more likely to hold but a very close call

Oct 28, 2015 15:20 pm UTC| Commentary Central Banks

The BoJs next Monetary Policy Meeting is on 30 October. The meeting will be a one-day affair, at which the central bank is scheduled to update its semiannual Outlook Report and revise its outlook on the economy and prices....

CBR likely on hold as RUB weakens

Oct 28, 2015 14:50 pm UTC| Commentary Central Banks

Economists expect the Bank of Russia (CBR) to keep its key rate on hold at 11% for a second consecutive meeting on Friday (30 October). The Bloomberg consensus is split evenly between those calling for a cut and those that...

RBNZ monetary policy preview

Oct 28, 2015 13:12 pm UTC| Insights & Views Central Banks

Today Reserve Bank of New Zealand (RBNZ) will announce after meeting monetary policy decisions at 20:00 GMT. Economic condition New Zealands economy overall remained robust throughout past years however started...

Big communication task for FOMC today

Oct 28, 2015 11:38 am UTC| Insights & Views Central Banks

US Federal Open Market Committee (FOMC) has big tasks in their hand today to communicate the market well enough about their current stance and plan of action ahead. With no press conference scheduled for later, it is no...

Japan's industrial production to offer cues on BOJ stimulus

Oct 28, 2015 11:22 am UTC| Insights & Views Central Banks Economy

Japans industrial production data is due for release on Oct 29, Thursday, a day before BOJ policy meeting, at which the c.bank mulls further stimulus. The production data is of great significance as a gauge on whether the...