FED’s Dudley rejects criticism over forward guidance reiterates 2015 rate hike
Sep 28, 2015 15:06 pm UTC| Insights & Views Central Banks
William C Dudley, President at New York Federal Reserve, has rejected the criticism that FED is creating more confusion over its rate hike communication. Expectations of rate hike from FED was initially focused on June,...
Sep 28, 2015 12:54 pm UTC| Insights & Views Central Banks
Reserve Bank of India (RBI) is expected to announce monetary policy decisions at 5:30 GMT tomorrow, which will follow speech from Governor Raghuram Rajan. After three rate cuts so far this year, market is expecting...

Indian disinflation leads pressures on RBI easing
Sep 28, 2015 12:46 pm UTC| Insights & Views Central Banks
Strong disinflation opens room for further RBI easing, the disinflation in India has been strong and broad-based since H2 2014, reflecting markedly better food price management, sustained idle industrial capacity, lower...

ECB and BoJ may struggle to push effective exchange rates sharply lower
Sep 28, 2015 11:22 am UTC| Commentary Central Banks
Euro area headline and core consumer prices due Wednesday are likely to show that the 19-region consumer prices stagnated in September for the first time in five months, according to a Bloomberg survey. Stalled prices...
Fitch: ECB's optionality on ELA disclosure unhelpful for market
Sep 28, 2015 08:39 am UTC| Research & Analysis Central Banks
The ECBs decision on 16 September to make disclosure of emergency liquidity assistance (ELA) use optional and not mandatory means market participants may remain in the dark about a banks true liquidity position, especially...

Sep 28, 2015 07:48 am UTC| Commentary Central Banks
Now that the probability of a Fed hike has shifted to December, the RBI is in a much better position to implement a cut. The other big concern is the progress of monsoon. Despite plentiful rainfall in June, the overall...
BCB maintaining rates at 14.25% looks doubtful?
Sep 28, 2015 07:28 am UTC| Commentary Central Banks
Brazils FX reserve data released on Friday night revealed that BCB (Banco Central do Brasil) did not in fact intervene on Thursday to support BRL as many originally assumed. Verbal intervention alone was enough to bring...