Tag "interest rates"
Bank of Indonesia prepares for future market volatility
Following a decision by the Indonesian government to raise fuel prices, the Bank of Indonesia raised its benchmark rate to help stem inflation. In mid-November, the Bank of Indonesia decided
Shanghai free trade zone takes it slow
One year after the establishment of Shanghai Pilot Free Trade Zone, foreign investors have become impatient for more financial liberalization measures. Yet, this is not a convenient time for China to
When will India’s central bank (RBI) reduce interest rates?
Is the Reserve Bank of India’s (RBI) Governor, Raghuram Rajan, behind the curve on interest rate reduction? Some members of the technical advisory panel of RBI and a few independent
Modi and Rajan face uphill battle with India’s growth and inflation
Given the potential conflict between Narendra Modi’s focus on growth and the Reserve Bank of India President Raghuram Rajan’s goal to curb inflation, both will need to work together to
Corruption still a major hurdle for Turkey
Recent manifestations of entrenched corruption in Turkey threaten to unsettle investor confidence. The outcome of the Turkish local elections on March 30 left many political observers somewhat uneasy about the prospects
Can monetary policy address U.S. long-term unemployment?
With Janet Yellen newly confirmed as Chairman of the Federal Reserve, investors are now parsing her testimony to gain insight on the future direction of interest rates. One particularly interesting piece
U.S. Fed holds the fuse to Singapore’s bubble time bomb
The United States’ monetary policy has far-reaching, sometimes unintended consequences, and these past few years have seen unprecedented liquidity injections from the Fed. One way the stimulus manifests itself is
IMF conference paper links currency depreciation to post-crisis growth
A new paper presented at the IMF’s Annual Research Conference suggests that emerging markets should counter liquidity problems from capital outflows with currency depreciation and reserve sales. Read the full IMF
China’s central bank stands alone against inflation
Renminbi internationalization may work against the Chinese central bank’s effort to tighten liquidity and curb rising inflation. Commercial banks will also have bigger leverage over the central bank as more
Is India Saved by the Federal Bell?
The U.S. Federal Reserve shocked the market on 18 September 2013. Ben Bernanke said the Fed would postpone tapering its USD 85 billion per month bond buying program possibly until
