Turnbull to banks: pass on whole interest rate cut
Aug 03, 2016 05:15 am UTC| Insights & Views Central Banks
Prime Minister Malcolm Turnbull has sternly told the banks they should pass on the whole of Tuesdays rate cut - or their chief executives must explain why they are not doing so. After the Reserve Bank cut the cash rate...
Bank of Russia holds fire, set to lower borrowing cost later this year
Jul 29, 2016 12:26 pm UTC| Commentary
The central bank of Russia remained on hold at its monetary policy meeting that concluded on Fridaywhilepromising to lower the costof borrowing later this year. The board of policymakers at the Bank of Russia held the...
RBNZ determined to weaken the kiwi
Jul 28, 2016 13:31 pm UTC| Commentary Central Banks
As early as June the Reserve Bank of New Zealand (RBNZ) made it clear that it will cut the key rate one more time should NZD not depreciate. Kiwi remains fairly well bid despite the Feds upbeat assessment of the US economy...
PBoC likely to continue intervening to manage market expectations ahead of G-20 Hangzhou Summit
Jul 27, 2016 05:08 am UTC| Commentary
The Peoples Bank of China is likely to continue to intervene after the G-20 Chengdu meeting, in order to manage market expectations if required ahead of the G-20 Hangzhou Summit set to take place on 4-5 September and the...
BoJ likely to ease interest rates on stagnant growth, continued risk of deflation
Jul 25, 2016 11:35 am UTC| Commentary
The Bank of Japan is expected to ease interest rates at its monetary policy meeting scheduled for July 29 as stagnant growth and continued riskof deflation will weigh on BoJ Governor Kurodas decision. Among the easing...
SARB likely to keep interest rate on hold at 7 pct
Jul 21, 2016 07:42 am UTC| Commentary Central Banks
The South African Reserve Bank (SARB) is expected to keep its interest rate unchanged at 7 percent during its policy review meeting on Thursday, said Commerzbank in a research note. Junes inflation print was consistent...
In a world of low rates, what else can the RBA and central banks do?
Jul 05, 2016 01:12 am UTC| Insights & Views Central Banks
The world still needs the central banks to bail us out of trouble but the impact of monetary policy is complicated in a world of zero or near-zero interest-rate policy (ZIRP) and negative interest-rate policy...
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