Central Banking Series

Central Banking Series

Fed's tightening plans could be in jeopardy if weakness in inflation and retail sales continues

Jun 19, 2017 11:58 am UTC| Insights & Views Economy Central Banks

Despite the unexpected dip in US consumer Price Index and drop in retails sales in May, the Federal Reserve went on to raise US benchmark interest rate for the second time in three months and also forecasted one more rise...

Central Banking Series

BSP likely to remain on hold this week, expansionary fiscal stance to sustain in medium-term: DBS Bank

Jun 19, 2017 06:50 am UTC| Commentary Central Banks Economy

Bangko Sentral ng Pilipinas (BSP) is expected to leave rates unchanged this week. But surely it wont be long before the eventual hike. Public spending spurred strong investment growth in the economy. Investment growth has...

Central Banking Series

BOJ monetary policy: Assessing future bias

Jun 16, 2017 06:22 am UTC| Commentary Central Banks

At todays meeting, policymakers at the Bank of Japan (BoJ) kept the policy unchanged, and the benchmark interest rate at -0.1 percent. Lets look at the current monetary policies, Bank of Japan had already shifted...

Central Banking Series

Lack of underlying price pressures likely to keep BoJ on its accommodative policy path

Jun 13, 2017 12:38 pm UTC| Insights & Views Economy Central Banks

Japan real GDP is growing at an above-trend pace and the job market is on fire with labour market conditions at levels not seen for several decades. However, underlying price pressures are just not building. Japanese...

Central Banking Series

CBR likely to slash key rate by 25 bps to 16 pct as disinflation pauses in May, says Danske Bank

Jun 13, 2017 08:35 am UTC| Commentary Central Banks Economy

The Central Bank of Russia (CBR) is expected to slash the key rate by 25 basis points to 16 percent as disinflation stopped in May, while a 50 basis points call could be justified at its monetary policy meeting scheduled...

Central Banking Series

Bank of England likely to keep policy rate unchanged in June

Jun 12, 2017 23:03 pm UTC| Commentary

The Bank of England is set to meet this week for monetary policy meeting. According to a Wells Fargo research report, the central bank is expected to stand pat this week. In May, the BoE had voted 7-1 to keep the main...

Central Banking Series

Bank of Japan likely to keep policy rate unchanged in June

Jun 12, 2017 23:01 pm UTC| Commentary

The Japanese central bank, Bank of Japan, is set to hold its monetary policy meeting this week. According to a DBS Bank research report, the central bank is likely to stand pat, maintaining its policy rate at -0.1 percent...