Danmarks Nationalbank likely to lower interest rate on certificates of deposit to -0.75%
Jan 22, 2016 07:24 am UTC| Commentary Central Banks
The European Central Bank is likely to lower deposit rate by 10bp to -0.40% during its March meeting. Danmarks Nationalbank (DN) is expected to follow the ECBs rate cut and lower the interest rate on certificates of...
ECB signals more stimulus is in the pipeline
Jan 22, 2016 02:58 am UTC| Commentary Central Banks
ECB struck a dovish tone yesterday, lifting European and US markets. In light of heightened growth and inflation risks, ECB President Draghi signalled that more stimulus was in the offing and could be undertaken as early...
BoE's inflation forecast sees even more gradual tightening
Jan 21, 2016 21:58 pm UTC| Commentary
The Bank of England cuts short-term inflation projections implying an even more gradual pace of tightening, with the market currently pricing the first lift-off in the Q4 2016 or first quarter of 2017. The quarterly...
Brazil decision to keep rates on hold raises questions of independence
Jan 21, 2016 18:01 pm UTC| Commentary Central Banks
Banco Central do Brasil (BCB) surprisingly left rates unchanged at 14.25% at yesterdays monetary policy meeting. The expectation had been for a rate hike of 50bp. The decision raises questions regarding the central banks...
Central Bank’s of Hungary and Poland likely to cut rates in March Meeting
Jan 21, 2016 12:02 pm UTC| Commentary Central Banks
Hungarys policymakers have suggested that there is no requirement for further rate cuts, as unconventional easing is unlikely to bring major benefits when it comes to supporting growth. The central bank estimates 1.7%...
PBoC seen maintaining accommodative monetary policy stance
Jan 21, 2016 10:13 am UTC| Commentary Central Banks
PBoCs recently increased its liquidity as it injected CNY600bn via medium-term lending facility (MLF) on Tuesday, followed by another CNY150bn liquidity injection via short-term liquidity operation (SLO) and CNY400bn via...
Central Bank of Brazil likely to start easing policy by August 2016
Jan 21, 2016 07:21 am UTC| Commentary Central Banks
The Central Bank of Brazil kept the Selic rate unchanged at 14.25%. The majority of the board voted to leave the rate unchanged, while two members voted for a rate hike by 50bp. According to the board, the decision to keep...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects