rates

Russia's central bank cuts interest rate by 0.5%

15 Sep 2017 01:13 PM |

The Russian central bank cut interest rates this morning to 8.5%. The most prominent of its statement were as follows:

• There may be further cuts in interest rates over the next two quarters.
• Inflation is approaching 4% while the economy continues to grow.

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  What to expect from Canadian inflation data and consumer sentiment in the US?

  18 Aug 2017 11:32 AM |

  Today's Canadian CPI data is released, as the markets priced raising interest rates again from the Bank of Canada by about 80% in the fourth quarter of this year. Markets are also waiting for the University of Michigan's consumer sentiment reading for August.

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  Westpac's comments on the Reserve Bank of Australia

  16 Aug 2017 12:05 PM |

  The following are the most important comments from the Westpac chief economist:

  • The RBA will keep interest rates unchanged at its next meeting in September.
  • The most interesting question is whether the RBA will raise interest rates next years

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