monetary policy

With declining inflation in the first quarter, expectations are divided for the RBA to announce a 25bps rate cut at tomorrow’s May monetary policy meeting. While it is unclear what the RBA will do, we expect to see a near term decline in…
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The Bank of Japan remained on the sidelines today, contrary to what many were expecting. The central bank kept policy unchanged and noted that it will take additional easing in three steps involving quantity, quality, and interest rates in…
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Image via ECB European Central Bank / Flickr ECB President, Mario Draghi told financial officials in Washington last Friday that the economic outlook for the Eurozone remained clouded in uncertainty and underlined the ECB’s willingness to…
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The Bank of Japan, in its monetary policy meeting today, left interest rates and the monetary base unchanged at -0.10% and 80 trillion Yen while revising down its view on the economy, highlighting the difficulty as the bank struggles to…
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The Reserve Bank of New Zealand is expected to hold rates steady at tomorrow's meeting but could risk talking down the Kiwi's exchange rate. The Reserve Bank of New Zealand will be holding its monetary policy meeting on March 9th. Heading…
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Image via ECB/ Flickr. ECB Council Meeting December 2015 The ECB meeting due this week on March 10th is likely to be the big event overshadowing other market events over the week. As pressure builds for the ECB to act, in light of recent…
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The Reserve Bank of Australia, in its monthly monetary policy meeting today decided to leave interest rates unchanged at 2.0%, holding rates steady for 11 months in a row. The RBA had last cut rates by 25bps in May 2015. In the monetary…
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The European Central Bank will be meeting this week on Thursday for its first monetary policy meeting for this year. It’s been a year since the ECB announced its QE program in January 2015 in a bid to stoke inflation. However, so far the…
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The British Pound had a not so good start in 2016 with the weakness from the last quarter of 2015 continuing to remain strong and steady. The Bank of England meets today for its first monetary policy meeting of the year and expectations are…
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The New Zealand Dollar was the top performing currency last week closing with gains of 0.20%. The Kiwi came out tops with not much of fundamentals going in its favor. While most of the commodity risk currencies came under pressure last…
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