In December the RBA kept rates unchanged at 0.10% and the weekly bond purchases were set to remain in place until mid-February. The main takeaway from the RBA was a…
The Bank of England has two hawkish members who last voted for a rate hike; Saunders and Ramsden. Saunders is now leaning more dovishly as of late. On December 03…
At first flush, the BoC rate meeting offered no surprises. Rates are unchanged at 0.25% and forward guidance remains the same as well. No change. The BoC consider that economic…
On the face of it, this was a very neutral meeting. The cash rate was kept at 0.10% as expected. The QE program is set to remain at $4 billion…
The weakness in the NZD after the last RBNZ meeting had been a little puzzling. With so many positive revisions higher for the outlook of the New Zealand economy, it…
The latest RBNZ hike saw a 25bps rate hike as expected. There had been outside talk of a 50bps hike, but in the end, the RBNZ decided to take their…
The RBA’s main stated concerns mainly revolve around inflation and wages. The RBA has expressed a general level of ease with underlying inflation. Even though the headline inflation is at…
Major central bank rundown It’s time for your central bank catch up. So, if you have been put off the loop, or just want a quick refresher then you can…
The NZD should remain bought into the RBNZ meeting this week with OiS swaps pricing looking at a 100% probability of a 25bps hike to 0.75%. Furthermore, some analysts think…
Heading into the Bank of England meeting last week investors were fully pricing in a 15bps hike to 0.25% with a further four 25bps being priced in for 2022. In…