Poland's monetary policy likely to be changed

Oct 27, 2015 04:02 am UTC| Commentary Central Banks

Polish Parliament is likely to meet within 30 days for its constitutive session (November 24 at the latest). At the session, the current government hands in its formal resignation. The president then orders the leading...

Impact of ILS strength on Israel economy

Oct 27, 2015 03:44 am UTC| Commentary Central Banks

The BoI appears to be particularly concerned about the economic impact of ILS strength. The statement notes the ILS appreciated last month, and the cumulative appreciation this year is 5.9%. As per the statement, this is...

Worries about Israel's deflation and tepid growth likely put BoI on hold

Oct 27, 2015 03:42 am UTC| Commentary Central Banks

The Bank of Israel (BoI) kept its 0.10% base rate on hold, as expected. The BoI has no appetite to loosen monetary policy under the current circumstance even though it remains concerned about the very low inflation level,...

Mixed Euro area EC economic indicators to show buoyancy despite slight softening

Oct 27, 2015 00:33 am UTC| Commentary Central Banks

Despite stronger-than-expected flash PMIs in October published last week, the ECs economic confidence index is expected to soften, from 105.6 to 104.7 in October. The overall picture, though, will remain positive, showing...

Banxico to remain on hold until Q1 16

Oct 26, 2015 22:32 pm UTC| Commentary Central Banks

The Bank of Mexico kept its policy rate unchanged at 3.0% at its September board meeting. Meanwhile, forward guidance on the conduct of its monetary policy was also kept unchanged while noticing no changes to the balance...

RBNZ to hold OCR at 2.75% in October OCR review

Oct 26, 2015 21:30 pm UTC| Commentary Central Banks

The OCR is expected to remain on hold at 2.75% in the October OCR review. The strong housing market and a less dire outlook for dairy prices favour a pause; however, the bounce in the NZ dollar will be a concern for the...

BoJ’s printing press may soon run even faster

Oct 26, 2015 17:00 pm UTC| Commentary Central Banks

Economists expect the Bank of Japans decision at its meeting on Friday to be a close call. At the end of the day the central bank will probably decide to ease monetary policy further. It is expected that the BoJ wants to...