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India’s central bank slashed its key repo rate by 50 basis points to 6.75% at its September policy meeting, describing the decision as a “front-loaded policy action” that was twice the size expected by the markets. If inflation is low, it will position the OCR...

Futures on the Nasdaq exchange were down 0.5 percent.

A sell-off in drug manufacturers extended into a second week.

The report, by Rebecca Williams and Adam Richardson, says it is important the Reserve Bank knows what a neutral rate would be, so it can gauge how expansionary or contractionary its current monetary policy settings are for the market.

To help maintain liquidity in the mortgage market, the committee will continue to reinvest principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities, as well as rolling over maturing Treasury securities at...

Reserve Bank governor Lesetja Kganyago has announced that the Reserve Bank’s repo rate will remain unchanged “for now”.

The Dow Jones closed down 65.21 points at 16,674, while the S&P 500 fell 5 points to 1,990.

“Most FOMC participants, including myself, now anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter“, Yellen said. The late sell-off on Friday...

Though the Fed didn’t raise rates this month, Heidi Richardson explains how to potentially prepare your bond portfolio for the rate regime change. The Fed has been reluctant to shake the boat in the wake of the financial crisis, fearing it could scare off investors and stun...

The Reserve Bank today published a report detailing how it estimates New Zealand’s neutral interest rate. The time for a further 25-bps rate cut is appropriate now.

Gold fell from one-month highs on Friday after Federal Reserve chair Janet Yellen kept the door open to an increase in USA interest rates this year, sparking a dollar rally, while palladium was on track for its biggest weekly rise in nearly four years.

The Caixin Flash China manufacturing purchasing manager’s index (PMI) fell further to 47 in September from 47.3 in August (see chart 1), coming in below expectations. Levels below 50 signify a contraction. “Overall, the fundamentals are good”, said Dr. He Fan,...

He hinted at the possibility of adjusting the size, composition and duration of the ECB’s asset purchase programme, to add monetary policy impetus if necessary.

That dilemma was compounded by “the (domestic) combination of sharply slowing growth and rising inflation“, bank Governor Lesetja Kganyago told a news conference after it cut its 2015 economic growth forecast to 1.5 percent from 2.0 percent.

MSCI Asia Pacific Excluding Japan Index fell 2.1 percent to 399.04 as of 10:38 a.m.in Hong Kong, as commodity producers led declines after raw-material prices tumbled. Oil dropped. Australian bonds gave back Monday’s gains.