Philippines' BSP may hike rate in Q2 17
Dec 17, 2015 09:45 am UTC| Commentary
The central bank of Philipinas holds its current policy rate unchanged at 4.00%, as expected. The bank also kept SDA rates unchanged at 2.50% and the reserve requirement ratio unchanged at 20%. The BSP holds the bank rates...
With the Fed rate hike well flagged, "Tone of Conference" will be the key to drive markets
Dec 15, 2015 11:22 am UTC| Insights & Views Central Banks
Markets are nervous heading into the FOMC decision due tomorrow. With the hike in the fed funds rate well flagged, focus is likely to shift from the initial hike to the subsequent path as to be detailed in the statement to...
Riskbank holds rates citing stronger economy
Dec 15, 2015 09:19 am UTC| Commentary Central Banks
Today, Swedens Riskbank kept policy steady and interest rates at -0.35% as economic prospects for future improve. Though it indicated that to safeguard upturn in inflation, monetary policy needs to be very expansionary,...
Fed's rate hike may hit emerging markets
Dec 15, 2015 08:52 am UTC| Commentary Central Banks
The long awaited Fed rate hike will come to end soon as it is set to hike at tomorow meeting. The Fed rate hike will worry the emerging economies. In addition to poor economic outlook, the EMs are having large current...
BI likely to deliver two 25bp rate cuts next year
Dec 15, 2015 07:22 am UTC| Commentary Central Banks
Indonesias trade balance for November posted a small deficit of USD0.3bn as a result of poor performance of export. The non-oil manufactured exports reduced sharply and caused the overall exports to fall by 17.58%. The...
No policy action this week from BoJ
Dec 15, 2015 02:25 am UTC| Commentary Central Banks
The Bank of Japan should have the room to stand pat this Friday, given that the 3Q GDP has been revised up and a technical recession was averted. Meanwhile, the impact from a possible Fed move needs to be closely watched...
Inflation uptick and higher US rates to keep RBI cautious
Dec 15, 2015 02:11 am UTC| Commentary Central Banks
Uptick in domestic inflation prints and an impending US rate lift-off later this week are likely to keep the Reserve Bank of India (RBI) cautious on the policy front. Markets see an over 70% probability of a US rate...
UK Inflation Stabilizes: November CPI at 2.6%, Signaling Economic Recovery
FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update