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Central Bank Watch Archive

2013 Articles

May

BoE Minutes Show King Lost Stimulus Increase Vote 3 – 6
Bank of Japan Unanimously Maintains Policy
Helicopter Ben Expected to Shoot Hawks Down in Congress
RBI rebuilding reserves to prevent downgrade to junk
AUD/USD – RBA Meeting Minutes Suggest Narrower Scope For Cut
Fed’s Williams changing allegiance to join hawkish calls for QE cut
BoE King Leaves Optimistic Parting Gift for UK Economy
ECB Member Central Bank Technically Prepared for Negative Interest Rates
Spain Auctions 4.57 Billion at 2.24 Percent
BoJ Kuroda Says He is Not Targeting Currency Rates
G7 Meeting To Focus on Banking, Cyprus and Carney
AUD/USD – Holding Declines after RBA Cuts Inflation Forecast
Fed Members Disagreeing on QE’s Impact
Bank of England Holds Rate Steady as Governor King Steps down
Bank of Korea Cuts Rates to Counter Yen Weakness
Bank of China Could Change Monetary Policy to Curb Yuan Specultion
NZD/USD – Bearish Breakout Confirmed on Wheeler’s report
AUD/USD – RBA Rate Cut Reaction
Buffet Sees US Economy Improving Gives Credit to the Bernanke
USD/INR – 3rd Rate Cut in 2013 for RBI
Stephen Poloz Named New Bank of Canada Governor
Draghi Opens Door To Further Easing
Japan Monetary Base Grows 23 Percent Year over Year
ECB Cuts Rate for First Time in 10 Months
EUR/JPY – Market Expect ECB Rate Cut, Breakout Potential
Fed FOMC Keeps QE and Rate Intact

April

Bank of Japan Board Member Profiles
Swiss Central Bank Discloses 20% of Gold Reserves Held in England
Reserve Bank of India Expected to Cut Rates on Friday
Bank of Japan Reaffirms 2% Inflation Target as Data Continues to Decline
USD/JPY – No BOJ member wants more easing
Japan to buy ASEAN Bonds to Foster Growth
ECB Asmussen Cautions About Effects of Rate Cuts
Fitch Downgrades Bank of England to AA+
Bank of Canada Senior Deputy Raises Hand for Governor Role
ECB Closer to Rate Cut as Soon as Next Week
NZD/USD – RBNZ Hold Rates at 2.50%, Wheeler Hawkish
BOJ may use inflation forecast to end deflation
Chinese Central Banker Confident on Current Growth
German Central Banker Spurs Rate Cut Possibility
More Volatility For Yuan As Floating Band Widens
Brazil Central Bank Initial 1st Rate Hike Amidst Inflation Concerns
Bank of Canada maintains overnight rate target at 1%
USD/SEK – No rate hike from Riksbank unitil 2H 2014
Bank of Japan Governor Tells Parliament to Curb Spending and Increase Revenue
AUD/USD – RBA Minutes indicate scope to ease (again)
USD/INR – RBI may not ease further despite 40 Month Low inflation
USD/SGD – Singapore GDP shrinks 0.6%, MAS silent
No additional stimulus from BOJ for now
Fed Releases FOMC Minutes Early
FOMC Meeting Minutes expected to be crowded by Doves
AUD/NZD – Price Sinks on RBNZ Rate Hike Hints
ECB holds rates, markets watch for signs of later cut
USD/JPY – The market likes BOJ “bold monetary policy”
One more Fed official thinks QE3 will be tapered in 2013
AUD/USD – RBA Holds Rate, Slightly More Upbeat

March

BoE Tells Banks To Raise Another £25b
Hungary Raises Rate-Cut Threshold
Japan Policy Makers Hedge Bets on Inflation Target Timeline
USD/JPY – Kuroda Rhetoric Not Helping Yen Push Away Safe Haven Strength
USD/JPY – Kuroda First Statement May Not Mean Immediate Weaker Yen
Shirakawa Officially Resigns to the Bank of Japan
Japan Formalizes Kuroda as Head of BoJ
USD/INR – RBI Rate Cut as Growth Outweighs Inflation Risks
AUD/USD – RBA losing dovish influence
Kuroda to have one more dove in BOJ roost
PBOC Retains Zhou Xiao Chuan as Governor
Japan Lower House Approves Kuroda as BoJ Governor
Bank of Italy Asks Lenders with Losses not to Pay Bonuses or Dividivends
NZD/CHF – RBNZ dovishness outweighs Swiss’s 1.20 commitment
Bank of Korea Hold Key Rates as Expected
NZD/USD – RBNZ wants lower NZD
German Central Bank Governor Warns Crisis not Over
BOJ Minutes – “Risky Assets” Tickles Yen Weaker
Kuroda Stresses Speed Important in Achieving 2 Percent Inflation Target
Central Bank Activity Summary
China Commerce Minister Warns US, EU and Japan about Devaluation
Japan Nominates Vice Finance Minister to Replace Kuroda at ADB
Bank of China Resumes Repos to Drain Liquidity
BoJ Kept Monetary Policy Unchanged in Shirakawa Last Meeting
Mario Draghi Calls for Structural Reforms to Stabilize EU Economy
ECB Rates Unchanged -Weary of Italy
USD/JPY – BOJ Keeping Boat Steady Before Kuroda Joins
EUR / USD – Central Bank Week Continues
CAD Drops after BoC Calls Current Rate Appropiate
Philly Fed President adds Momentum to Scale Back QE
Japan Opposition to Argue Iwata BoJ Deputy Nomination
Mixed Signals from BoJ Deputy Nominees
RBA Hold Cash Rate at 3.00% – AUD/USD Reaction
USD/JPY – BOJ Nominees fail to impress
China to announce new PBOC Govenor by Mar 16
USD/JPY – Not moving despite Kuroda’s “Whatever it Takes”

February

Survey Shows 40 percent of Economists Polled Expect BoE to Increase size of QE
No Rate Cut For Mexican Peso
Haruhiko Kuroda nominated as Bank of Japan Governor
India Trying to Creat Room for Further Rates Cut
European Banking Authority Warns about Variations in Risk Calculations
China Central Bank Repurchases Bonds
USD/CNY – PBOC tightening potentially strengthening Yuan
BoC Governor and Future BoE Carney Gives Talk to B-school
German Central Banker on Solving Current Crisis
Head of ADB on Tap for BoJ Central Bank Job
USD/JPY – Yen Lower as Rumors of BOJ Appointees Emerge
Bank of England Close to Signing Yuan Currency Swap Deal
AUD/NZD – The Curious Case of RBA vs RBNZ
FOMC Minutes: United We Stand, Divided We Fall
King Defeated in QE Vote
Bank of Thailand Stands Ready to Fight Despite Holding Rates (just like everyone else)
NZD/USD – RBNZ joins “Verbal Currency Wars”
USD/JPY – Nothing new from BOJ Minutes
AUD/USD – RBA Minutes send prices higher
USD/THB – Strong GDP showing decrease rate cut likelihood
ECB Rate Cut not on the table – Weidmann
Japan PM Abe Close to Selecting Head of Central Bank
Bank of India Expected to Cut Rate in 2013
Central Bank Bought Record Gold Reserves in 2012
USD/JPY – “Earliest time Possible” statement push JPY slightly weaker
Russia Actively Moving Away from Currency Manipulation
Swiss Government Tells Bank to Slow Mortgages to Dampen Housing Bubble
SEK Best Performer As Riksbank Leaves Rates Unchanged
No Surprise-ECB Holds Rates Steady
BoE Refrains From Adding More Stimulus
Euro’s Rise Comes at a Cost
BoJ Governor Departure Hints at More Aggressive Central Bank
Bernanke Warned about Flawed Credit Ratings Risk
USD/TRY – Central Bank’s Index shows Overvalued Lira
AUD/USD – RBA Holds Rates with Dovish Outlook
“Too Early” for Bank of Korea to cut rates
Bank Negara (Bank of Malaysia) keeps overnight policy rate unchanged at 3%
USD / THB – Industralist wants BOT to start intervention ala BOJ style

January

NZD / USD – Higher after RBNZ Holds Rates
MAS: Currency Appreciation can’t fight against “Wall of Money”
Profiles of the Fed’s Four New Voting Members
Israel Central Bank Chief Resigns
USD / INR – RBI Cut Rate by 25bps: Reaction
RBI expected to cut rates on Tuesday
USD / DKK – Central Bank Raises Interest Rates
Rate Cut Unlikely in 2013 for Brazilian Real
Bank of Canada Maintains Overnight Rate at 1 percent
BOJ Declare Open Ended Asset Purchases – Reaction and Charts
USD / SEK – Another round of rate cut in Feb?
QE Infinity: Tokyo Style
RBI Governor: Monetary Side ‘No Room for Stimulus’
USD/THB – New BOT Rules push Baht Higher
EZ interest rates unchanged at +0.75%
Bank of Thailand maintains rate at 2.75% – Reaction
A look into German Exports and the Role of the Central Bank
Rate cut unlikely for Korea despite Won strength hurting exports
QE3 to end in 2013 – Reaction and Charts
FOMC Participants Saw QE3 Ending in 2013
Thailand Central Bank Could Leave Rates Unchanged

2012 Articles

December

Bank of China to Boost Social Financing and Credit
German Central Bank Vice President wants to Limit Bank loans to governments
ECB Warns Bond Buying Conditions are Not Negotiable
BoJ Holdings of JGB’s Exceed $1.2 Trillion
Bank of Japan To Ease This Week
Swiss Central Bank Opens Singapore Office
ECB Bank Oversight will Restore Confidence In Banking Says Draghi
Japan LDP Abe Wants New Governor of BOJ to Support 2 Percent Inflation Target
Eurozone to put Legal Framework for ECB Banking Supervision by Jan 1st, 2013
Europe Reaches Deal for ECB to Supervise Banks
Germany to Support ECB to Supervise European Banks
BoC Carney Proposes Changing Central Bank Targets from Inflation to GDP
FED to Boost QE with more Treasury Purchases
BoE King Currency Wars to Heat Up in 2013
Reaction: ECB Hold Rates at 0.75%, Draghi’s Speech and Charts
ECB Keeps Rates at Record Low Yield
ECB expected to hold rates at 0.75%
Fed expected to launch new Bond purchase program after “Twist” expires
Trading CNY in London? Calls for BoE to support Yuan Trade.
France and Germany Clash on Eurogroup Banking Supervision
BoC maintains +1% rate target
Bank of England Preempts Bank Bonuses with Warning
Central Bank Action – Rates Expectation and Charts
RBA Cuts Rate to 3.00% – Reaction and Charts
RBA Dec Rate Decision – Expectations

November

2H 2013 Recovery “On Track” – Draghi
Fed’s Beige Book Shows Measured Economic Growth
BoE’s Carney Favors Rate Plan Copied by Bernanke
Chicago Fed President Wants Low Rates until 6.5 percent unemployment
Bank of Thailand Maintain THB rate at 2.75%
The Courting of Mark Carney by the BoE
Bank of Canada Mark Carney to Head Bank of England Next Year
BoJ Governor Shirakawa Defends CB Policy
Bernanke Calls Economic Recovery Disappointingly Slow
Bank of England Minutes Show Split on QE
Bernanke: Fed Policy Unable to Protect Economy if Gone Over Cliff
BOJ may announce “Unlimited Easing” to reach inflation target
Yuan’s Convertibility “Next Step” for China’s Economic Reform
12% unemployment in US? Fed ask Bank to test for ‘deep recession’ scenarios
BOJ may need rates below zero
Fed’s Fisher: Do not expect Fed’s aid on Fiscal Cliff
Market Participants expect more BOE easing actions
RBA Cuts ’13 Growth Outlook. Forecasts based on 1.04 AUD/USD
ECB Ready to Buy Bonds as Economy Weakens
Draghi Reassures Markets ECB can do Unlimited Interventions
RBA keeps rate at 3.25% – Reaction
Nov RBA Rates Decision: Expectations
RBA may hold rates due to growth in Consumer Prices
HUF CBank has Room To Move
HKMA:No Plans to Change HKD Peg
Will HKMA be able to maintain 7.75?

October

Fed response expected after Sandy, similar to Katrina
ECB Concerned about Credit Demand
BOJ expands Asset Purchase Program by 11 Trillion Yen – Reaction
RBI hold rates at 8.00%, cuts CRR by 25bps
Bank of Japan Considering Further Easing
FOMC October Statement – Reaction
RBNZ Keeps Rates at 2.50% – Reaction
FED Maintains Bond Buying
4th Intervention within a week failed to weaken HKD significantly.
BoC Less Dovish has Loonie in Demand
Hong Kong to embark on journey of Quantitative Easing?
Bank of England Deputy Governor Fears the Worst is Still to Come
RBA October Minutes: Reaction
Canadian Dealers Less Bullish on Rates
Britain opposes ECB as head of Banking Union
Bernanke Defends Fed Actions during Asian Tour
Lower Interest and Stronger INR needed – India Finance Minister
MAS Maintains Monetary Policy for SGD – Reaction
Beige Book Spotlights Housing Market Strength
Fed’s Beige Book reflect “modest” growth, step down from “moderate”
Bank of Korea slash 2012 and 2013 growth forecast
Singapore Dollars could face easing measures on 12th Oct
Easing policies in Asia anticipated by Fund Managers in Q4
ECB to buy sovereign bonds for two months as part of OMT
Draghi is Ready to Buy Bonds
5 things to watch for Fed’s Sept Minutes
IMF Stick Might not be as Effective in Europe
Singapore Central Bank Could Ease Next Week
RBA Cuts Rates to 3.25%: Reaction
Banks biggest winners after QE3

September

Japan to Discuss Strong Yen with G7 members
Malaysia Debt to Rise 10 percent this year
QE 3.5 to come in December?
Bank of Spain Warns Economy is Shrinking at a Significant Rate
BOJ Board Member Suggests Riskier-Asset Buys
Five British Banks Sign the Funding for Lending Program
RBA: Financial Stability Review September 2012
Japan Azumi: there will be no vacuum in FX policy
BoJ May Influence Yen to Escape Deflation
Overseas Japanese Bond Holders Reach Record High
Fed Kocherlakota Suggest suggests holding rates until employment above 5.5 percent
BOJ Expands Asset Purchase Program: Reaction
Fed Policymakers Debate QE3
German Central Banker Weidmann Will not Back Down
European Banks Failed to Deleverage Aided by ECB Loans
QE3 Hit by Mortgage Processing Delays
Beware China’s quantitative tightening
ECM and IMF Deny Spain Bailout Talks
Japan Minister To Act on Yen Appreciation
Markets Expect Yen Intervention
ECB, IMF in talks over EUR 300 billion Spanish rescue plan
Japan goes on intervention watch after Fed’s QE3
FED MBS Purchase Statement Sep 13 2012
RBA September Quarterly Bulletin
Markets Doubt More Fed Easing Will Boost Hiring: Survey
Fed Move Unusual When Stocks Are Hitting Multi-Year Highs
Barroso EU Should Evolve into Federation of Nation Sates
German ESM Ruling: Reaction
Expectations ramp up for QE3 — but maybe not now
Europe’s Smaller Banks Are ‘Real’ Problem: EU’s Barnier
Sheila Blair Urges Congress to Act not the Fed
ECB German Official Defends Bond Buying Plan
Swiss Central Bank Intervened Less due to ECB
Bank of Japan Governor Committed to Stability
Eurogroup’s Juncker to attend ECB meeting on Thurs
Draghi to deliver bond plan at crunch ECB meeting
ECB will not limit Bond Buying in Latest Crisis Proposal
BoC on hold, maintains ‘hawkish’ bias
RBA Rates Announcement: Reaction

August

Brazil rates at adequate levels
Bundesbank President Under Fire from German Politicians
FOMC Minutes Aug 22
Greece Asks for More Time as Junker Visits Athens
Yen Traders Comment on BoJ Price Target
RBA MPC Minutes Aug 7
Buba a Critic of ECB Bond Program
Bundesbank Criticizes ECB Bond Plan
Japan Current Growth Could Finally End Deflation
Australian Treasury Dismisses AUD Intervention Calls
Bank of China expected to cut Reserve Rate
Bank of England Releases MPC Minutes
BoJ Keep Stands Pat, Cuts Growth
Central Bank Round Up August 8th, 2012
ECB Press Statement
FOMC Statement Aug 1 2012
Swiss National Bank Records Profit from Currencies and Gold

July

Questions Arise for ECB Role in European Crisis
Fritz Zurbruegg to join SNB Governing Board
PBoC intentionally weakens Yuan
NY Fed Questioned on Bank Regulatory Role
Bank of Japan Adds Two Members
Taiwan Central Bank Leaves Rate Unchanged
Bank of Canada Monetary Policy Report
BoC Stays the Course
FOMC minutes July 11-2012
Junker to Remain Head of Eurogroup
EU Banking Supervisor Deflates EUR
Euro Zone Banking Supervisor Needed
ECB Cuts Main Rate to Record Low, Deposit Rate to Zero

June

FOMC Statement June 20
China Cuts Rates, Revives Risk Rally
RBA Cuts Key Rates

May

Officials Talk Openly of Greek Euro Exit
ECB Holds Eurozone Interest Rate

April

FOMC Statement Comparisons March to April
BoC Statement more “hawkish.”
FED Timing differs on Need to Keep Low Rates
ECBs Introductinary statement
RBA Monetary Policy Decision

March

Bank of Japan and Intervention
Bank of China to let Market decide Price of Yuan
China Sells US Treasuries

February

January

A “Dovish” FOMC

2011 Articles

December

Interest Rate Outlook for 2012
ECB Cuts Interest Rates as Recession Fears Grow
U.S. Unemployment Rate Falls to 8.6%

November

ECB Surprises and sideswipes market with Rate Cut
Papandreou’s Dangerous Game

October

BoC keeps overnight rates at +1%
Bank of England Struggles With Slow Growth, Rising Inflation
BoE increases size of APP
Bernanke Hints at Further Fed Intervention

September

ECB to Take Anti Lending Freeze Measure Next Week
FED Statement Sept 21
What the Central Banks did this month
BoC Statement
SNB Pledges Unlimited Currency Purchases

August

July

Swiss Franc the New Reserve Currency?
What if the U.S. Fails to Reach Debt Limit Deal?

June

Dallas Fed Bank President Sees Improvement in Second Half
UK Interest Rates Held Steady at 0.5%
Bernanke Downplays Likelihood of QE3

May

Bank of Canada Holds Interest Rates at 1%
Bank of Canada Rate Decision Due Tuesday
Dollar Weaker on Interest Rate Speculation

April

March

February

China hikes rates to Counter Inflation

2010 Articles

December

China hikes rates by +25bp
BoC Keeps Its Benchmark Interest Rate at 1%

November

FED’s November Minutes
BoE MPC split three ways
ECB, Bank of England Hold Line on Interest Rates
Fed’s statement on purchasing Debt
AUD at parity after surprise RBA hike

October

September

Bank of England Keeps Rates at 0.5%
BOC raises rates to +1%

August

Fed split on on Boosting Economy
BOC’s Carney to hike rates
BoE hold firm at +0.5%

July

Bank of Canada Raises Interest Rates to 0.75%
Canadian Dollar Strengthens on Expected Rate Announcement
Bank of England Holds Rates at 0.5%
ECB Leaves Rates Unchanged
ECB Dampens Euro Enthusiasm

June

Spain says has not, will not make EU aid request
Bank of England Keeps Lending Rate Unchanged
ECB Holds Rates at 1%
BOC hikes rates-Statement

May

Bank of England Keeps Rates at 0.5%
ECB Holds Interest Rates Unchanged at 1.0%
Bank of Japan to Maintain 0.1% Interest Rate

April

March

February

Reserve Bank of Australia Likely to Raise Interest Rates
Bernanke Likely to Face Questions on Jobless Recovery
Mervyn King: Quantitative easing may have to restart
Fed Raises Discount Window Rate to 0.75 percent
Fed Plans Eventual Exit from Housing Debt
BOJ Shirakawa: current framework is appropriate
BOE Voted 9-0 to Pause Bond-Purchases on Inflation
UK Inflation hits 3.5% forcing King letter to Chancellor
France Backs Weber In Race For ECB Presidency
Swiss inflation picks up more than forecast in Jan
BOE warns UK Recovery Slower than Forecast
BOE Committee disagrees on EU Hedge Fund Draft
ECB to Hold Rates, Delay Exit Debate Until March
UK Conservatives to give more oversight to BOE
Australia holds interest rate at 3.75%
Australian CBank to raise rates again

January


2009 Articles

December

November

October

September

IMF G7 and World Bank Meetings Schedule
Swiss Central Bank Holds Key Interest Rate
Fed: Economy has improved, challenges remain
Central banks keep rates at record low
Bank of England holds rates at 0.5%
ECB Holds Line on Interest Rates

August

July

Australian Central Bank Holds rate at 3%

June

Latest Articles

Posted by Alfonso Esparza at 11:00 am EDT, 05/22/2013
Posted by Alfonso Esparza at 10:59 am EDT, 05/22/2013
Posted by Alfonso Esparza at 10:58 am EDT, 05/22/2013