Norman Chan is Chief Executive of the Hong Kong Monetary Authority (HKMA) – capital outflows will not have a significant impact on HK meny markets – rising interest rates a healthy development after ultra low rate environment More:
The HKMA is usually very quick to follow the Federal Reserve in hiking rates – This time, no different – base rate to 2.5% – up 25 bp ForexLive
Draghi to speak at the bottom of the hour ForexLive
Comments by BOE chief economist Andy Haldane – Output gap is close to being eliminated – Can no longer afford to run the economy hot – Impact of rate hikes so far modest ForexLive
For the Reserve Bank of New Zealand September 2018 policy announcement; And, via Westpac: This now from ASB, in summary: risks through to mid-2019 are tilted to a lower OCR due to low levels of business confidence
The Reserve Bank of New Zealand have left the official cash rate (OCR) at 1.75%, an as expected no change decision for monetary policy. – There is no official Monetary Policy Statement nor media conference following for this decision. The 8th of November RBNZ meeting will be followed by a Monetary Policy Statement and press…
Dujovne on the wires with comments surrounding the IMF bailout and more – Says the central bank committed to fighting inflation – to have a zone of no intervention for the peso
The Reserve Bank of New Zealand sept September 2018 policy announcement post is here The only thing we got from the RBNZ was the scheduled media release; no news conference nor full Monetary Policy Statement this time around. Those will accompany the November decision (Nov 8)
Will only intervene if extreme volatility Comments coming from head of the Bank Sandleris I guess a swing from 34 to 44 or vice versa is not extreme. Sheesh.
A bit too late for President Trump to exert pressure on the Federal Reserve this time around But getting in early to try to influence the December decision?