Monetary policy
Governor Isarescu: BNR set to secure positive real-interest on bank deposits
The National Bank of Romania (BNR) is designing monetary policy decisions that, among other things, will secure positive real interest rates on bank deposits, BNR Governor Mugur Isarescu said Wednesday.
Photo credit: (c) Angelo BREZOIANU / AGERPRES PHOTO
Central Bank increases inflation forecast
The Turkish Central Bank has raised its 2015 year-end inflation rate estimate to 6.8 percent from 5.5 percent amid renewed discussions about the nature of the recent hike in consumer prices.
However, the Bank still sees a fall in the rate next year.
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Cautious monetary stance to continue to keep inflation falling, Turkey's Central Bank governor says
Turkey should continue cautious monetary and fiscal policies and take steps on food supplies to keep inflation falling, the central bank governor told the country's cabinet on April 27.
"Inflation in Turkey is on a falling trend," Erdem Ba?ç? told ministers, according to the Central Bank's website.
Cautious monetary stance to continue to keep inflation falling
Turkey should continue cautious monetary and fiscal policies and take steps on food supplies to keep inflation falling, the central bank governor told the country's cabinet on April 27.
"Inflation in Turkey is on a falling trend," Erdem Ba?ç? told ministers, according to the Central Bank's website.
ECB seen going all the way on QE as economists doubt taper
By Paul Gordon & Andre Tartar
The European Central Bank won?t end its asset-buying program early, though it might do so abruptly, economists say.
Hope springs eternal at Spring Meetings
I was in Washington D.C. from April 13 to 19 for the 2015 Spring Meetings of the World Bank Group and the International Monetary Fund. I summarized my first impressions in my April 17 column. I now would like go through the whole nine yards.
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Turkish central bank leaves rates on hold as election looms
Turkey's Central Bank left key interest rates unchanged on April 22, holding fire ahead of a June parliamentary election, even as the lira's slide to record lows risks fuelling inflation.
Turkey's Central Bank to try secondary measures
The Central Bank?s April Monetary Policy Board meeting will be held today on April 22. The fluctuations in the foreign exchange (forex) rates are continuing but the Central Bank is not expected to increase rates to stop this.
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Inflation to decline in second half of 2015, says Turkish Central Bank head
The decline in inflation will become more pronounced during the second half of the year after a partial correction in food prices, Turkish Central Bank Governor Erdem Ba?ç? said on April 18, according to the Bank's website.
ECB committed to full QE program, sees stronger recovery
By John O?Donnell & Marc Jones
FRANKFURT - The European Central Bank has no plans to curb or curtail its money-printing program although it expects eurozone economic recovery to broaden and strengthen.
Last month the ECB embarked on an asset-buying program with 60 billion euros a month of news money, which it has said will last until at least September 2016.