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New Zealand’s central bank dials back public speaking

  Bloomberg New Zealand’s central bank has reduced its public speaking as it battles the opposing forces of a housing boom and weak inflation. The Reserve Bank has more than halved the number of on-the-record speeches it gives a year, from 18 in 2014 to eight last year and four so far in 2016. Of those, Governor Graeme Wheeler gave ...

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BOC should be on guard with Fed to raise interest rates

  Bloomberg The USA Federal Reserve will raise interest rates as many as six times over the next 18 months and the Bank of Canada should be getting ready with increases of its own, Bank of Nova Scotia Chief Economist Jean-Francois Perrault said. While both central banks will be cautious about snuffing out recoveries, the USA job market will have ...

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Norway keeps rates at record low

  Bloomberg Norway’s central bank left its benchmark rate unchanged at a record low amid signs the economy of western Europe’s biggest oil producer will narrowly avoid a recession thanks to record fiscal and monetary stimulus. The rate was left at 0.50 percent, as forecast by 14 of 15 analysts surveyed. The bank raised its outlook for rates looking ahead, ...

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