Deepti's Feed
Feb 26, 2015

Bank of England rate hike timing has forecasters split down the middle – Reuters poll

By Hari Kishan and Deepti Govind

(Reuters) – The timing of an eventual Bank of England decision to raise rates from a record low has forecasters split again after a short period of relative agreement, according to a Reuters poll that appears to be pushing the day further into the future.

Thirty-three of 61 economists polled this week expect the Bank to raise rates by the fourth quarter of this year, but 28 now predict they will wait until early 2016 at least.

Feb 26, 2015

SNB expected to leave rates below zero; on hold through second quarter 2016: Reuters poll

ZURICH/BENGALURU (Reuters) – Switzerland’s central bank is expected to keep its benchmark interest rate below zero until at least 2016 and is likely to slash growth forecasts for this year, a Reuters poll found.

The Swiss National Bank will announce its rate decision on March 19. It will be the first of its regular quarterly monetary policy decisions since it shocked financial markets in January by scrapping a three-year-old cap on the value of the Swiss franc against the euro.

Feb 26, 2015

SNB expected to leave rates below zero; on hold through Q2 2016

ZURICH/BENGALURU, Feb 26 (Reuters) – Switzerland’s central
bank is expected to keep its benchmark interest rate below zero
until at least 2016 and is likely to slash growth forecasts for
this year, a Reuters poll found.

The Swiss National Bank will announce its rate decision on
March 19. It will be the first of its regular quarterly monetary
policy decisions since it shocked financial markets in January
by scrapping a three-year-old cap on the value of the Swiss
franc against the euro.

Feb 5, 2015
via MacroScope

Timing of first Bank of England rate hike still a guessing game

Photo

A year and a half after Citi became the first major bank to pencil a Bank of England interest rate hike into their forecasts, nobody appears to be any more sure of when this actually will happen.

The Reuters consensus for the timing of policy tightening has bounced around from one quarter to another, with some of the biggest revisions among gilt-edged market makers — the large dealers in British government bonds — also coming in the past four months.

Jan 30, 2015

Reuters Poll – RBI seen holding rates steady on Tuesday, minority of analysts expect cut

BENGALURU (Reuters) – The Reserve Bank of India, having cut interest rates on Jan. 15, is likely to keep them steady at a policy review next week, according to economists in a Reuters poll who said future moves could depend on the government’s annual budget in late February.

RBI Governor Raghuram Rajan, who is mandated to set policy independently, signalled after an unscheduled rate cut earlier this month that any further easing would depend on New Delhi’s commitment to rein in spending and implement reforms.

Jan 30, 2015

India seen holding rates steady on Tuesday, minority of analysts expect cut

BENGALURU, Jan 30 (Reuters) – The Reserve Bank of India,
having cut interest rates on Jan. 15, is likely to keep them
steady at a policy review next week, according to economists in
a Reuters poll who said future moves could depend on the
government’s annual budget in late February.

RBI Governor Raghuram Rajan, who is mandated to set policy
independently, signalled after an unscheduled rate cut earlier
this month that any further easing would depend on New Delhi’s
commitment to rein in spending and implement reforms.

Dec 17, 2014

BSE Sensex to hit 32,980 by Dec. 2015 – Reuters Poll

BENGALURU (Reuters) – Indian shares will continue this year’s big rally in 2015, propelled by the passage of key fiscal reforms, according to analysts in a Reuters poll who see another year of 20 percent-plus gains.

The poll of 18 analysts, taken in the past week, predicts the Sensex will hit 30,000 by June and 32,980 by December 2015. The index – which closed at 26,781.44 on Tuesday – has gained around 27 percent this year, trumping most major indices.

Dec 4, 2014
via MacroScope

ECB QE drifts from if to when, say many analysts

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Serious deflation risks in the euro zone mean it is no longer a question of if, but when the ECB will purchase sovereign bonds — at least among many of those who are paid to forecast policy.

In a Reuters poll conducted last week, economists had already placed cautious bets on the ECB buying government bonds with the consensus pointing to just even chances, owing mainly to unwavering opposition from Germany.

Nov 27, 2014

GDP growth to slow to 5.1 pct, but no rate cut yet – Reuters Poll

BANGALORE (Reuters) – India’s economic growth probably slowed to 5.1 percent in the July-September quarter from a year ago, but economists polled by Reuters doubted whether that would be enough to persuade the central bank to cut interest rates just yet.

Clamours for the Reserve Bank of India to ease policy have grown louder in recent weeks. Consumer inflation slowed to 5.52 percent in October, its lowest reading on record, and despite Mumbai’s soaring stock market there are no signs of economic growth picking up.

Nov 26, 2014

India GDP growth to slow to 5.1 percent, but no rate cut yet – Reuters Poll

BANGALORE (Reuters) – India economic growth probably slowed to 5.1 percent in the July-September quarter from a year ago, but economists polled by Reuters doubted whether that would be enough to persuade the central bank to cut interest rates just yet.

Clamours for the Reserve Bank of India to ease policy have grown louder in recent weeks. Consumer inflation slowed to 5.52 percent in October, its lowest reading on record, and despite Mumbai’s soaring stock market there are no signs of economic growth picking up.

    • About Deepti

      "Specialist Polling Correspondent on the Reuters Polls team. Poll, report and write on the global economy and financial markets. Specializing in leading the Reuters Polls' coverage on the global economy and central bank monetary policy since April 2014. First joined Reuters in 2008 as a correspondent covering U.S. small and mid-cap technology stocks and returned in 2011 after a short stint as a freelance web content writer. Hold a journalism degree from Madras University."
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