ECB policy stance amid renewed deflation risks

Aug 27, 2015 11:26 am UTC| Insights & Views Central Banks

Euro area inflation expectations are turning south again: the 5y euro HIPCx swap stands at 0.8%, and the 3y2yf euro HIPCx swap is just 1.0%, both far from the ECBs medium-term target. Even the longterm 5y5yf has dropped to...

PBoC may take additional monetary easing

Aug 27, 2015 07:07 am UTC| Commentary Central Banks

The PBoC has already cut interest rates and the reserve requirement ratio (RRR) twice since June as a response to the stock market turmoil. Additional monetary easing is expected but the benefit of every additional move is...

PBoC easing not enough to fix China’s growth?

Aug 27, 2015 05:26 am UTC| Commentary Central Banks

The recent market volatility may last as two major uncertainties loom, the Fed and China. On the Fed, given the absence of significant inflation pressure in the US and in light of the global market jitters, it is tempting...

CBR set to halt monetary easing

Aug 27, 2015 04:19 am UTC| Commentary Central Banks

As Russia was the earliest of a group of commodity-oriented emerging market economies to abandon the peg, the current turmoil has not surprised Russian markets, neither has the spike in the roubles volatility, which has...

Central bank of Russia set to halt monetary easing

Aug 27, 2015 00:56 am UTC| Commentary Central Banks

As Russia was the earliest of a group of commodity-oriented emerging market economies to abandon the peg, the current turmoil has not surprised Russian markets, neither has the spike in the roubles volatility, which has...

Views from Bill Dudley, New York FED President

Aug 26, 2015 15:49 pm UTC| Insights & Views Central Banks

New York FED President Mr. Bill Dudley, today shrugged of any possibility of further quantitative easing or QE4. After Market turmoil on Monday and inflation expectation dropping to 5 year low, several prominent names in...

ECB stands ready to take further action to boost inflation

Aug 26, 2015 14:34 pm UTC| Insights & Views Central Banks

European Central Banks (ECB) policymakers suggested previously that China poses significant risks to Europe due its prominence in global trade and two policymakers Mr. Constancio, Vice President of ECB and peter Paret,...