Central Bank Watch
Central Bank of Chile Flags Coming Interest Rate Hike
September 15, 2015
The Central Bank of Chile left its benchmark interest rate, which has been at 3.0% since a cut in October 2014, unchanged but released a statement forewarning markets that policy will be tightened as soon as the next meeting: The Board considers that the convergence of inflation to 3% over the policy horizon will call […] More
Central Bank Watch
Bank of Japan
September 15, 2015
The statement released this month by the BOJ Board after 5 hours 36 minutes of policy deliberations over two days break little new ground regarding whether policy stimulus might be augmented, as such was at end-October 2014, following next month’s full outlook review. The assessment of exports and industrial production were downgraded, but the upbeat […] More
New Overnight Developments Abroad - Daily Update
Dollar Little Moved by U.S. and Other Data
September 15, 2015
The dollar shows no net overnight movement against the euro, yuan and loonie, a rise of 0.3 against the Aussie dollar and sterling, a gain of 0.2% and 0.1% versus the kiwi and Swissie, and a drop of 0.2% relative to the yen. Chinese share prices slumped 3.5%, and there were stock market declines of […] More