Wages
Poloz: we will proceed cautiously on rates
Stephen Poloz, governor of the Bank of Canada, made the following statement:
- There is no predetermined path of interest rates, here we depend on economic data.
- Monetary stimulus in 2015 is no longer needed.
- We will watch developments in financial markets, including long-term interest rate movements and the exchange rate
Highlights of BOJ Monetary policy meeting minutes
26 Sep 2017 09:35 AM |Following are the highlights of the BOJ meeting held on July 19 and 20:
- Many members agreed that inflation expectations were no longer falling.
- Companies gradually moved towards raising wages.
Lowe: Expansion policy is coming to an end around the world
21 Sep 2017 10:32 AM |Philip Lowe, Governor of the Reserve Bank of Australia, made the following statement:
- High interest rates abroad have no automatic effects on Australia.
- The Aussie's Flexibility gives the Australian Reserve Bank considerable independence on the timing of domestic policy.
Highlights of the RBA's monetary policy meeting minutes
19 Sep 2017 11:15 AM |The following are the highlights of the Reserve Bank of Australia's monetary policy meeting minutes in September:
- There is a need to balance the risk of rising household debt and lower inflation.
- The rise in the Australian dollar was driven by a decline in the US dollar, which could weigh on domestic growth and inflation.
Daily Wrap Up – 27 June
27 Jun 2017 02:02 PM |The second day of the ECB's Central Bank Forum, which is being held this year on investment and growth in developed economies, kicked off today. Russia's largest oil producer, Rosneft, reported that its servers had been attacked, causing the company's computers to be disrupted.
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