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Jul 30, 2015

RBI to hold rates on Aug 4, some see cut by year-end – Reuters poll

BENGALURU (Reuters) – The Reserve Bank of India (RBI) is unlikely to loosen policy before October, particularly with retail inflation at an eight-month high after food prices spiked, a Reuters poll of economists found.

All but four of 51 forecasters polled expect the RBI to hold its key repo rate at 7.25 percent on Aug. 4. It has already cut the rate three times this year to loosen credit and boost slowing growth in Asia’s third-largest economy.

Jul 30, 2015

India central bank to hold rates on Aug 4, some see cut by year-end

BENGALURU, July 30 (Reuters) – The Reserve Bank of India is
unlikely to loosen policy before October, particularly with
retail inflation at an eight-month high after food prices
spiked, a Reuters poll of economists found.

All but four of 51 forecasters polled expect the RBI to hold
its key repo rate at 7.25 percent on Aug. 4. It has
already cut the rate three times this year to loosen credit and
boost slowing growth in Asia’s third-largest economy.

Jul 2, 2015
via MacroScope

UK pay may be taking off but rates will stay grounded for a while yet

Photo

British wage growth will outstrip the Bank of England’s forecast this year but that doesn’t mean the first rate hike will come sooner.

For two years now, BoE Governor Mark Carney has drilled into the forecasting community and markets that a pickup in the pace of wage growth would be a prerequisite for hiking Bank Rate.

Apr 24, 2015

Reuters poll – Asian central banks to ease further, but effects may be muted

BENGALURU (Reuters) – Emerging Asian central banks are expected to cut interest rates again in the coming months, but economists polled by Reuters are doubtful the moves will significantly boost growth or inflation.

The findings echo results from earlier this week in Reuters surveys of more than 250 economists in Europe and North America who also expect more easing.

Apr 24, 2015

Asian central banks to ease further, but effects may be muted: Reuters poll

BENGALURU (Reuters) – Emerging Asian central banks are expected to cut interest rates again in the coming months, but economists polled by Reuters are doubtful the moves will significantly boost growth or inflation.

The findings echo results from earlier this week in Reuters surveys of more than 250 economists in Europe and North America who also expect more easing.

Apr 24, 2015

Asian central banks to ease further, but effects may be muted

BENGALURU, April 24 (Reuters) – Emerging Asian central banks
are expected to cut interest rates again in the coming months,
but economists polled by Reuters are doubtful the moves will
significantly boost growth or inflation.

The findings echo results from earlier this week in Reuters
surveys of more than 250 economists in Europe and North America
who also expect more easing.

Apr 22, 2015

Euro zone economy now on sustainable recovery path, say forecasters

By Deepti Govind

(Reuters) – The euro zone economy is on a sustainable recovery path, according to all but a handful of forecasters polled by Reuters who also gave a slightly more than one-in-four chance of Greece leaving the currency union.

Economists are more optimistic about a turnaround in the region compared with a month ago, which should provide some cheer given that for years a faltering euro zone has been one of the top risks to global growth.

Apr 9, 2015

Weak economy to drag Canadian dollar lower over next 12 months

By Deepti Govind

(Reuters) – The Canadian dollar will not gain back any ground against its U.S. counterpart in the coming year as the resource-dependent economy feels the pinch of low crude oil and commodity prices, a Reuters poll found.

Canada is the world’s fifth largest producer of oil and a steep slump in its price since June last year has led to falling revenues at energy firms and pushed the currency down 10 percent in 2014. It has lost another 8 percent so far this year.

Apr 1, 2015

RBI to leave repo rate on hold next week but cut 25 bps by end-June – Reuters poll

BENGALURU (Reuters) – The Reserve Bank of India (RBI) will most likely leave its benchmark interest rate unchanged at 7.50 percent at next week’s policy meeting, but reduce it by 25 basis points by the end of June, a Reuters poll found.

Only nine of the 40 economists surveyed this week expect the RBI to cut the repo rate at the April 7 meeting, while four said it would lower banks’ cash reserve ratio to boost their lending power.

Apr 1, 2015

RBI to leave repo rate on hold next week but cut 25 bps by end-June

BENGALURU, April 1 (Reuters) – The Reserve Bank of India
will most likely leave its benchmark interest rate unchanged at
7.50 percent at next week’s policy meeting, but reduce it by 25
basis points by the end of June, a Reuters poll found.

Only nine of the 40 economists surveyed this week expect the
RBI to cut the repo rate at the April 7 meeting,
while four said it would lower banks’ cash reserve ratio to
boost their lending power.

    • 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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