Based on our economic forecasts, Taylor Rules suggest that the central banks in the US, Eurozone, Canada and Australia will all need to raise intertest rates by around 100bps by end-2018. However, there are several reasons not to draw strong conclusions from such point estimates. First, the...
Gold prices have pushed higher within the past year, with much thanks going to retail investors seeking safe haven assets. But this year is a bit different. Fund flows and central banks have been the primary drivers of the metal’s prices in 2025. Investors are still seeking gold as a hed...
On top of that, emerging market central banks, which tend to be even more sensitive to inflationary pressures and dynamics, are already winning the race to cut by a country mile. The Central Bank of Brazil, for example, delivered another half-point cut this week, having now cut rates by ...
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today The Bank of England lowered interest rates by 25 basis points on Thursday, following the European Central Bank's cut of the same amount on Jan. 30. The Reserve Bank of India is also widely...
On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered interest rates by 25 basis points, following the European Central Bank’s cut of the same amount on Jan. 30. Many economies seem to be
Bank of England trims rates TheBank of England lowered its benchmark interest rateby 25 basis points to 4.5%, its first cut of the year. All members of the monetary policy committee voted to lower rates, but two out of nine had voted for a larger cut of 50 basis points. Central b...
LONDON (Reuters) - Seven of the 10 big developed-market central banks tracked by Reuters have now started easing policy, with expectations of how quickly each will move swinging back and forth as policymakers stress data dependency. Here's where major rate-setters stand and what traders expect...
Mr Reid explains that the "major pressure points" for Mr Putin and his regime are measures taken via SWIFT, against the Central Bank, other major banks that finance industry, security and defence, and state-owned investment funds. Export controls are also crippling,...
But dig a little deeper, and China’s rise begins to look less imposing. First, the top 12 Chinese companies are all state-owned. They include massive banks and oil companies that the central government controls through the State-Owned Assets Supervision and Administration Commission of the rulin...
There may be better ways to address the current crisis without pushing the economy into recession, but those will require more coordination between central banks and government, according to economist Philipp Heimberger.