Bank of Mexico likely to keep overnight rate unchanged on Thursday
Aug 10, 2016 11:56 am UTC| Commentary Central Banks
The Bank of Mexico is likely to stand pat during its board meeting on Thursday, said Societe Generale in a research note. The central bank, during its meeting in June had tightened the policy more than expected due to...
Bank of Thailand stands pat; likely to stay on hold throughout 2016
Aug 03, 2016 10:52 am UTC| Commentary Central Banks
The Bank of Thailands Monetary Policy Committee (MPC) unanimously decided to keep the policy rate on hold at 1.5 percent, at par with projections. According to the central banks post meeting statement, the Committee...
Is the concept of 'helicopter money' set for a resurgence?
Aug 03, 2016 06:50 am UTC| Insights & Views Economy Central Banks
As a student I was taught (and this will date me) that macroeconomics (the study of the economy as a whole) was essentially governed by two alternative views Keynesianism and Monetarism. Keynesians believed that the...
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...
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