Strong job growth reduces the chances of further monetary easing from BoK
Feb 29, 2016 14:45 pm UTC| Commentary Central Banks
Koreas recent strong job growth has been led by the manufacturing sector, contradicting the view that manufacturing jobs will likely decline as a country advances from an emerging to a developed economy. The pickup in...
Sluggish credit growth defends ECB's action for further easing and even more negative interest rates
Feb 26, 2016 11:11 am UTC| Commentary Central Banks
Euro-zone Monetary Indicators released on Thursday showed that bank lending in the Euro area was not much different compared to the earlier months: growth was positive but still weak. Data showed that euro-zone broad money...
National Bank of Hungary likely to lower rates in Q2 2016
Feb 25, 2016 05:14 am UTC| Commentary
In 2015, the Hungarian economy performed very well. The economy is likely to have expanded above trend in 2015 after many years of stagnation. This led to stronger price pressures with core CPI inflation accelerating from...
Banxico unlikely to tolerate excessive MXN weakness
Feb 24, 2016 15:43 pm UTC| Commentary Central Banks
Mexicos GDP data for Q4 2015 came in line with expectations at 2.5% y/y. Remarkably, the Q3 data were revised higher to 2.8% y/y and 0.8% m/m, confirming robust Mexican fundamentals . Decent growth and modest inflation...
BOE governor expresses worries over Pound
Feb 24, 2016 09:21 am UTC| Commentary Central Banks
After the initial jump over deal announcement last week, Pound has dropped sharply against all of its major trading counterparts as well as emerging market currencies. Since Friday, Pound has dropped close to 3% against...
Riksbank minutes - what do they mean for the Krona?
Feb 23, 2016 15:05 pm UTC| Commentary Central Banks
Minutes of the Riksbank meeting of Feb 11th published yesterday showed that the decision taken by Riksbanks Executive Board is a voting result and not a consensus decision. On 11th February the Riksbank lowered its key...
Lower inflation expectations could trigger central bank actions
Feb 22, 2016 11:50 am UTC| Insights & Views Central Banks
Long-term inflation expectations in both the US and the euro area have trended lower for a long time and at 1.5% are clearly below inflation targets (2% for the US and below but close to 2% for the euro area). While Fed...
UK Inflation Stabilizes: November CPI at 2.6%, Signaling Economic Recovery
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