Indonesia’s most aggressive rate- tightening in eight years has barely dented a current-account deficit, prompting calls for more increases and other measures before the Federal Reserve cuts stimulus.
Tinkering around the edges. That’s how it strikes me, all this talk about adjusting thresholds and offering more and better forward guidance.
Peru’s central bank unexpectedly reduced borrowing costs for the first time in four years to bolster the commodity-dependent economy after exports slumped.
Romania cut its benchmark interest rate to a record for a fourth meeting as inflation slowed to its lowest level in more than a year.
Peru’s central bank kept borrowing costs unchanged for a 29th straight month and expressed willingness to reduce reserve requirements to counter slower growth.
Peru’s central bank kept borrowing costs unchanged for a 29th straight month after reducing reserve requirements to counter slower growth.
Sweden’s growing capital requirements are helping the nation’s banks fund themselves at more competitive rates than some of their European peers, Riksbank Governor Stefan Ingves said.
China’s manufacturing strengthened more than anticipated this month, a sign the recovery is gaining momentum even as leaders struggle with surging home prices and local-government debt.
Home prices in China’s four major cities jumped the most since January 2011, heightening concerns a bubble is forming as the government refrains from introducing more property curbs that would hinder economic growth.
The Philippines held its benchmark interest rate at a record low for an eighth meeting to support Southeast Asia’s fastest-growing economy as inflation stays within the central bank’s targeted range.