Upward revisions to Poland's inflation projections for 2015-2017

Jul 09, 2015 04:22 am UTC| Commentary

Polands inflation report will be published next Monday (13 July). The NBP increased its inflation projections for 2015-2017, as expected. The bank expects, a 50% probability that annual CPI growth will be in the range of...

Poland central bank rates to remain unchanged till Q1 2016

Jul 09, 2015 04:22 am UTC| Commentary Central Banks

Interest rates were held flat for the fourth month in a row by the Poland MPC. Governor Marek Belka said that the likelihood of any changes to the level of interest is low. Belka doesnt expect the MPC to revert to an...

Daily Economic Outlook: 9th July, 2015

Jul 09, 2015 04:13 am UTC| Commentary

Following last nights FOMC minutes, Greece remains very much on the radar for financial markets. The country has been given a final deadline to reach a deal with its creditors by Sunday when a summit of all EU-28 leaders...

BoC likely to cut rates by 25bps

Jul 08, 2015 23:59 pm UTC| Commentary

The string of very weak data over the past week has tipped the scale, and a 25bps cut is expected from BoC next week. The decision is admittedly very close, and if it occurs puts upside risk to the forecast profile for...

India: Assembling the building blocks

Jul 08, 2015 23:04 pm UTC| Commentary Economy

Increasing fiscal revenue is supporting the governments medium term agenda of raising infrastructure investment. The focus is likely to be on urbanisation, clearing supply bottlenecks through better logistics, stronger...

FOMC minutes: Divergent views on the outlook kept Fed in limbo

Jul 08, 2015 21:57 pm UTC| Commentary Central Banks

The minutes of the 15-16 June FOMC meeting confirmed the divergence that we saw in the FOMC projections and the strange disconnect between the relatively upbeat FOMC statement and Chair Yellens following more cautious tone...

FOMC sees progress toward liftoff but notes Greece

Jul 08, 2015 21:07 pm UTC| Commentary Economy

The June FOMC minutes revealed a number of reasons to be cautious among Fed officials - including uncertainty about Greece - yet the broad conclusion among the voters was that the economy was continuing to approach the...