from MacroScope:

BOC to hold this year? Probably not say nearly half the primary dealers

April 15, 2015

Bank of Canada Governor Poloz speaks during a Canada-UK Chamber of Commerce event in central LondonThe Bank of Canada will almost certainly hold policy steady on Wednesday but nearly half of the banks who do business directly with it predict at least one more rate cut this year.

from MacroScope:

Surprise monetary policy moves may become new norm in India

April 14, 2015

File photo of Reserve Bank of India (RBI) Governor Raghuram Rajan during a news conference in Mumbai

For all the measures India's central bank has taken to increase transparency in policy making, predicting rate moves by Governor Raghuram Rajan is still difficult.

from Breakingviews:

Singapore’s war on deflation hobbled by bubble

April 14, 2015

S

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from India Insight:

Repo cut of 25-50 bps likely by September – Shubhada Rao of Yes Bank

By Reuters Staff
April 8, 2015

The Reserve Bank of India kept interest rates unchanged in its bi-monthly review on Tuesday, waiting to assess inflationary pressures and giving banks time to reflect on the central bank’s previous cuts in lending rates.

from Breakingviews:

Guest view: The RBI does need its wings clipped

By Guest Contributor
April 2, 2015

RBI Governor Rajan attends a joint news conference with India's Finance Minister Chidambaram in New Delhi

By Percy S. Mistry

The author is a Reuters Breakingviews guest columnist. The opinions expressed are his own.

from Breakingviews:

ECB torn between two roles in Greek bank support

March 20, 2015

REUTERS/Wolfgang Rattay

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Prescient Yellen saw limits of zero Fed interest rates back in 2009

March 4, 2015

yellen.jpgDespite the Federal Reserve's trillions of dollars in newly printed money, workers' wages and overall U.S. inflation have failed to take off since the recession. Longer-term borrowing costs, from 10-year Treasury yields to 30-year home mortgages, have also compressed without any real signs of reversing. While this has perplexed many economists, transcripts of the U.S. central bank's crisis-fighting meetings in 2009 show that Janet Yellen, then the head of the San Francisco Fed, was prescient in warning colleagues of these very problems.

from MacroScope:

The more things change: Fed wrestled with same policy “exit” issues in 2009

March 4, 2015

bernanke2009.jpgThe Federal Reserve faces two big challenges in the months and years ahead: how to finally "liftoff" after more than six years of rock bottom interest rates, and how to begin drawing down its $4.5-trillion balance sheet after three massive rounds of bond purchases. But, it turns out, those questions were being raised at the U.S. central bank as far back as 2009.

from MacroScope:

Brazil’s shock therapy against inflation

March 3, 2015

Brazil's Central Bank President Alexandre Tombini reacts during the first ministerial meeting in Brasilia

Brazil's central bank's two-day policy meeting kicks off later on Tuesday with all bets placed on a fourth straight interest rate increase, despite growing consensus that the country is headed for its worst economic recession in 25 years.

from Breakingviews:

Japan’s inflation test: Mapping the road to 2 pct

February 23, 2015

By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.