Danmarks Nationalbank likely to intervene in FX to support EUR/DKK in coming months
May 20, 2016 12:33 pm UTC| Commentary Central Banks
In April, the Danish central bank did not sell the Danish krone in FX intervention after the EUR/DKK pair dropped to 7.4400. The pair dropped below 7.4400 at the starting of this month. The Danmarks Nationalbank (DN) is...
RBA minutes lack explicit easing bias, but extent of infation downgrades keep alive rate cut bets
May 17, 2016 13:31 pm UTC| Commentary Central Banks
Minutes of the RBA May 3rd policy meet definitely lack explicit easing bias. Minutes reveal no sense of urgency for the Bank to cut rates, the Bank debating the merits of cutting or awaiting further information. Hence a...
Brazil Central Bank likely to cut rate, BRL to snap rally
May 17, 2016 10:43 am UTC| Commentary
The Brazilian Central Bank is likely to engage in a rate-cutting cycle, soon, according to reports published by the Commerzbank. The newly-elected Temer-led administration is likely to witness a snap in the continuous...
Why the Reserve Bank should resist calls to alter its inflation range
May 17, 2016 02:57 am UTC| Insights & Views Central Banks
For economists and others who grew up being challenged to achieve low and stable inflation against the background of high and volatile inflation rates that emerged in Western countries in the 1970s (and persisted in...
BSP introduces narrower interest rate corridor, to implement in June
May 16, 2016 09:38 am UTC| Commentary Central Banks
The Philippines central bank established a narrower interest rate corridor. It announced the Lending Rate as the ceiling rate at 3.5%, replacing the repo rate of 6%. The reverse report rate is replaced by the new Borrowing...
Kenya Central Bank Governor comments on more policy easing
May 13, 2016 09:51 am UTC| Commentary Central Banks
Kenya Central Bank Governor Njoroge on Thursday said that there is enough room to ease policy in Africas biggest economy as inflation hit governments target range of 2.5-7.5 pct, coming in at 5.3 pct. Expectations have...
BoJ Gov Kuroda hints at additional easing steps, says downside risks persist
May 13, 2016 06:44 am UTC| Commentary Central Banks
Bank of Japan Governor Kuroda, speaking at the Parliament in Tokyo on Friday, hinted at additional easing if needed, coupled with quantitative easing, to purposely act on the Central Banks target to achieve 2 pct...
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