Close panel

    Searcher

    Monetary policy

    Monetary policy latest publications

    Filter publications

    December 19, 2019

    An overly cautious Banxico cut its policy rate to 7.25%

    There is still plenty of room to cut rates; we expect the monetary policy stance to reach neutrality by the summer of next year.

    Share on Social Media Other tools

    December 19, 2019

    The Lagarde Strategy

    There was much curiosity surrounding Christine Lagarde's first press conference following a meeting of the ECB's Governing Council. This was not so much over the tone of monetary policy—which followed the same lines as in Mario Draghi's era—but over how she would act in a fractured field where some did not welcome her.

    Share on Social Media Other tools

    December 18, 2019

    Banxico’s rate cut cycle has legs

    A faster easing pace is warranted but Banxico is likely to remain overly cautious. No signs that Banxico is willing to speed up the long overdue easing cycle.

    Share on Social Media Other tools

    December 12, 2019

    ECB Watch | Lagarde's strategy

    Overall, Mrs Lagarde’ first post-meeting press conference went as expected, with an outspoken communication style when talking about different issues not strictly related to monetary policy, and an unchanged line on the monetary policy stance.

    Share on Social Media Other tools

    December 12, 2019

    Turkey | The CBRT delivered 200 bps rate cut

    The Central Bank of Turkey (CBRT) decreased the policy rate by 200 bps to 12% from 14%, slightly higher than market expectation of 150 bps. Global Central Banks Dovishness remain supportive but we think that complacency should be ruled out and the CBRT should be ready to act in any direction if the situation change.

    Share on Social Media Other tools

    November 18, 2019

    The Cost of Complacency

    The financial markets enter the final stretch of the year with their eyes set firmly on the trade war and Brexit, meaning that the optimism surrounding the favorable resolution of both matters could be the stimulus that the world economy needs to regain momentum.

    Share on Social Media Other tools

    November 12, 2019

    Banxico will continue their rate cut cycle with a larger 50bp rate cut on Thursday

    A 50bp rate cut would mark the beginning of a long overdue easing cycle.

    Share on Social Media Other tools

    November 11, 2019

    The Fed stops for now

    Several days ago, and for the third time this year, the Fed reduced the federal funds rate target range by 25 basis points to a range of between 1.5% and 1.75%. It is very unlikely that it will lower rates again in December.
    • Geography Tags
    • USA

    Share on Social Media Other tools

    See more