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Recent News Headlines : Monetary Policy Committee
INTEREST RATES ARE ABOUT TO GO UP IN CANADA -- NO, FOR REAL THIS TIME
Instead, the central bank moved in the opposite direction, cutting rates twice that year to bring its rate to 0.5 per cent, where it currently sits... READ MORE›
WORLD BANK ISSUES WARNINGS ON INTEREST RATES AND INFLATION
After better than expected growth in the global economy, Bank says financial markets are vulnerable to unforeseen negative news... READ MORE›
INDIA FACTORY ACTIVITY EXPANDS AT FASTEST PACE IN FIVE YEARS IN DECEMB
India's goods-producing economy advanced on its recovery path, with operating conditions improving at the strongest pace since December 2012, said Aashna Dodhia, an economist at IHS Markit... READ MORE›
CHINA CENTRAL BANK CHIEF REITERATES PRUDENT MONETARY POLICY FOR 2018
China will maintain prudent monetary policy and reasonable loan growth in 2018, central bank chief Zhou Xiaochuan said in comments published on Sunday... READ MORE›
CHINA'S CENTRAL BANK TO RAISE RESERVE FUNDS RATIO OF THIRD-PARTY PAYME
China's central bank to raise reserve funds ratio of third-party payment firms to 50 percent... READ MORE›
CHINA'S CENTRAL BANK SAYS WILL SKIP OMOS ON TUESDAY
China's central bank said it will skip open market operations for the third straight trading day on Tuesday... READ MORE›
INDIA NEEDS TO STRENGTHEN RBI'S INDEPENDENCE
The government has been urging the central bank to cut interest rates to encourage investment... READ MORE›
BOND TRADERS SEE THE FED'S 'THIRD MANDATE' DRIVING RATES HIGHER
The unified movement suggests that investors see the Fed's interest rate moves tied to soaring equities markets... READ MORE›
ANOTHER SIX YEARS OF PUTIN COULD BE BAD NEWS FOR THE RUBLE
The currency may initially strengthen because Russia's comparatively high returns will lure investors, even as the central bank lowers interest rates, he said... READ MORE›
AFTER 2 HIKES THIS YEAR, BANK OF CANADA STANDS PAT AND KEEPS INTEREST RATE STEADY AT 1%
Bank of Montreal economist Doug Porter says that's because the bank in its statement said it would continue to be cautious about setting monetary policy... READ MORE›
CANADA CENTRAL BANK KEEPS KEY LENDING RATE AT 1 PCT
Canada, the United States and Mexico's renegotiation of the North American Free Trade Agreement appears to be headed toward a deadlock... READ MORE›
SOUTH KOREA RAISES RATES FOR FIRST TIME IN SIX YEARS, FLAGS JOB MARKET RISKS
Board member Cho Dong-chul dissented in the 6-1 vote to raising interest rates to 1.50 percent... READ MORE›
UK SHOPPERS CUT SPENDING BY MOST IN MORE THAN FOUR YEARS
UK shoppers cut spending by most in more than four years Visa... READ MORE›
U.S. STOCKS POST DECLINE FOR WEEK AMID TAX DEBATE
Energy stocks also struggled as crude slipped below 57 a barrel amid rising tensions in the Persian Gulf... READ MORE›
SOUTH KOREA GDP GROWS AT FASTEST PACE IN SEVEN YEARS, BRUSHES OFF GEOPOLITICAL TENSIONS
Year-on-year growth accelerated to 3.6 percent in the third quarter from 2.7 percent in the second quarter, also beating forecasts... READ MORE›
BRAZIL CENTRAL BANK SET TO TAPER RATE CUTS NEAR RECORD LOW
Inflation has plunged from double-digits to less than 3 percent, far below the official target of 4.5 percent... READ MORE›
AUSTRALIA JOBS GROW AT FASTEST PACE SINCE 2008, INFLATION STILL LAGS
Data out on Thursday showed the unemployment rate slipped to 5.5 percent, compared with analysts' expectations for a steady 5.6 percent... READ MORE›
G-20 FINANCE CHIEFS, UPBEAT ON WORLD ECONOMY, AFFIRM COORDINATION OVER RISKS
G-20 finance chiefs, upbeat on world economy, affirm coordination over risks... READ MORE›
Trending News Headlines : Monetary Policy Committee
INDIA ABOLISHES 500 AND 1,000 RUPEE NOTES TO FIGHT CORRUPTION
Five hundred rupee 7.5 and 1,000 rupee notes will cease to be legal tender from Wednesday, Prime Minister Narendra Modi said in an unscheduled address to the nation... READ MORE›
VENEZUELANS GIVE UP ON COUNTING PILES OF CASH AND START WEIGHING THEM
For a QuickTake explainer on Venezuela's economy, click here Until now, as the bolivar sank, the government declined to print bigger-denomination bills... READ MORE›
BUY GOLD NO MATTER WHO WINS THE ELECTION HSBC SAYS
Even the relatively more internationalist Democratic candidate has argued for the renegotiation of longstanding free-trade agreements... READ MORE›
WHAT WILL INDIA DO WITH 23 BILLION WORTHLESS BANKNOTES?
The notes would make a pile 300 times the height of Everest... READ MORE›
LIBYA ON BRINK OF ECONOMIC COLLAPSE
Libya's daily oil production before the 2011 uprising stood at 1.6 million barrels... READ MORE›
WORLD FACES WAVE OF EPIC DEBT DEFAULTS, FEARS CENTRAL BANK VETERAN
But Mr White said it would be a good start for governments to stop depending on central banks to do their dirty work... READ MORE›
DAVID CAMERON WARNS OF LOOMING SECOND GLOBAL CRASH
A European Central Bank ECB survey showed that inflation would remain at worryingly low levels before picking up slightly next year... READ MORE›
BONDS PLUNGE BY $1 TRILLION THIS WEEK AS TRUMP SEEN GAME CHANGER
Yields on U.S. 30-year bonds, which are more sensitive than shorter maturities to the outlook for inflation, jumped the most this week since January 2009... READ MORE›
HOUSING AFFORDABILITY SET TO GET EVEN WORSE NEXT YEAR, BIG BANKS WARN
Mortgage carrying costs to rise 8 percent for new buyers next year, Scotiabank says... READ MORE›
AUSTRALIANS MAY SOON STRUGGLE TO MAKE ENDS MEET
Further intensifying the squeeze is a rising cost of living, with electricity prices climbing as much as 20 percent in New South Wales state next month... READ MORE›
LONDON HOUSE PRICES MOST OVERVALUED IN THE WORLD, SAYS UBS
London house prices most overvalued in the world, says UBS... READ MORE›
WHY NOBODY TRUSTS THE WORLD'S BEST CURRENCY
The regulator in January removed regulations limiting lenders from buying and selling foreign currency outside a 4 percent band on either side of the official exchange rate... READ MORE›
FED RATE-HIKE ODDS APPROACH 100 IN ANTICIPATION OF TRUMPENOMICS
Trump's spending plans are driving speculation the Fed will pick up its pace of rate increases as inflation expectations climb... READ MORE›
LAND WITH LONGEST STRETCH OF NEGATIVE RATES FINDS RICH ARE GETTING RICHER FASTER
Loose monetary policy can also spur higher inflation, which reduces the debt burden for poorer members of society and also promotes job creation... READ MORE›
1. IS THE ECONOMY REALLY OUT OF THE WOODS?
Oil and gas contributed 40 percent of Russia's budget revenue in 2016... READ MORE›
BONDS RISE WITH GOLD, YEN AS WEAK CHINA DATA STOKE HAVEN DEMAND
Currencies Japan's currency rose 0.5 percent against the dollar, as the euro briefly fell below 1.10 for the first time since July... READ MORE›
GOLD CAUGHT IN CROSSFIRE AS TRUMP ANGST RUNS INTO RATE CONCERNS
In Singapore, paring the week's advance to 1.7 percent, according to Bloomberg generic pricing... READ MORE›
US FED ENDS QE STIMULUS PROGRAMME
The targets for inflation and reduction in unemployment were on track, the Fed said in a statement... READ MORE›
EUROPE'S NEXT BIG CURRENCY OPPORTUNITY JUST GOT A LOT CLOSER
Inflation is gathering strength, and it's set to accelerate faster than the central bank predicts in its forecast, Seidler said... READ MORE›
SURGING WORLD GROWTH MAKES A MOCKERY OF BREXIT PANICA
Global economic growth is accelerating sharply after months in the doldrums, confounding predictions of a worldwide recession following Britain'... READ MORE›
EURO 'HOUSE OF CARDS' WILL COLLAPSE, MONETARY UNION ARCHITECT WARNS
One day, the house of cards will collapse, Issing said in an interview with the journal Central Banking... READ MORE›
FED MINUTES POINT TO RATE HIKE 'RELATIVELY SOON'
Kansas City Fed President Esther George, Cleveland's Loretta Mester and Eric Rosengren of Boston dissented at the meeting in favor of higher rates... READ MORE›
LONDON HOUSES ARE SECOND MOST OVER-VALUED IN WORLD
Low-interest rate regimes across Europe have pushed prices in London, Stockholm, Munich and Zurich to record levels, after accounting for inflation... READ MORE›
BONDS SLIDE WITH STOCKS AS INFLATION, POOR EARNINGS FUEL ANXIETY
Brent for December settlement dropped 1.4 percent to 52.41 a barrel on the London-based ICE Futures Europe exchange... READ MORE›
BANK OF CANADA CUTS ECONOMIC OUTLOOK ON SLOWER HOUSING MARKET, SOFTER EXPORTS
The central bank trimmed its outlook for growth this year to 1.1 per cent, from the 1.3 per cent it had forecast in July... READ MORE›
CHINA BUSTS UNDERGROUND BANKS INVOLVING MORE THAN $148 BILLION
The yuan has depreciated 7.8 percent against the U.S. dollar since the central bank devalued the currency in August last year... READ MORE›
FEAR OF RISING RATES MAY HAVE OBSCURED THE BANK OF CANADA'S GOOD NEWS STORY
A question that our central bankers were unable to resolve was why inflation remains so low... READ MORE›
RUSSIAN RUBLE REMAINS RESILIENT TO CRUDE MOOD SWINGS
The Russian currency has come under strong pressure in recent days with Brent crude futures losing 8.1 percent since March 7... READ MORE›
CHINA VOWS TO CONTAIN CORPORATE DEBT LEVELS AS INFLATION HEATS UP
I don't think there's an inflation issue in China, it's an asset bubble, said Commerzbank senior emerging market economist Zhou Hao in Singapore... READ MORE›