Rosa & Roubini Associates

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MONETARY AFFAIRS

Flash Review: Bank of Canada Now On Hold, Ready To Go Either Way

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By Brunello Rosa

10 July 2019

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BoC Preview: Balancing Global Headwinds with Domestic Resilience

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by Francesca Panelli and Brunello Rosa

5 July 2019

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MONETARY AFFAIRS: G10 Central Banks Preparing For Their Easing Moves

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by Brunello Rosa

4 July 2019

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June 2019

Flash Review: Riksbank Remains Cautious And Leaves Outlook Unchanged

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by Alex Waters and Brunello Rosa

3 Juy 2019

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RBA Cuts Rates for a Second Month in a Row, With The Possibility Of More Easing Ahead

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by Brunello Rosa and Alex Waters

2 July 2019

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MONETARY AFFAIRS - Preview: Riksbank To Remain Prudently Dovish

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by Brunello Rosa and Alex Waters

28 June 2019

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MONETARY AFFAIRS - Central Bank Preview: RBA Ready To Cut Rates Again

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by Alex Waters and Brunello Rosa 

28 June 2019

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Flash Review: Norges Bank Raises Rates and Hints At More Hikes in 2019

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by Brunello Rosa

20 June 2019

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Review: Fed Moves To Easing Bias As It Stands Ready To Cut Rates In H2

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by Brunello Rosa

19 June 2019

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Preview: Fed To Stay On Hold But Leave Wide Open the Option of Forthcoming Rate Cuts

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By N. Roubini, Brunello Rosa and Alex Waters

17 June 2019

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Preview: Norges Bank Set To Increase Rates In Spite Of Dovish Fed and ECB

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by Alex Waters and Brunello Rosa

14 June 2019

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Review: The SNB Introduces A New Policy Rate (and Claims To Have Space To Ease)

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By Brunello Rosa and Alex Waters

6 June 2019

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Review: ECB Is Not As Dovish As The Market Expected, But Is Ready To Ease

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By Brunello Rosa

6 June 2019

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Review: RBA Cuts Its Cash Rate Due to Uncertainty On The Global Outlook

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by Alex Waters

4 June 2019

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ECB Preview: Don’t Expect Too Much Substance, But Still a Dovish Tone

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by Brunello Rosa and Nouriel Roubini

3 June 2019

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MAY 2019

FLASH REVIEW: Norges Bank Surprises Markets And Signals A Rate Hike In June

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by Brunello Rosa

9 May 2019

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Review: RBNZ Is The First G10 Central Bank to Cut Rates In This Cycle

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by Alex Waters and Brunello Rosa

8 May 2019

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RBA Review: Cash Rate Held Steady, Labour Market Key to Rate Outlook

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By Alex Waters and Brunello Rosa

7 May 2019

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MONETARY AFFAIRS - Flash Preview: RBNZ Seen Cutting Rates

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by Brunello Rosa

3 May 2019

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MONETARY AFFAIRS - RBA PREVIEW: A Rate Cut Is On The Table

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by Alex Waters and Brunello Rosa

3 May 2019

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MONETARY AFFAIRS - Review: Fed Remains Patiently Dovish, But No Rate Cuts In Sight

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by Brunello Rosa and Nouriel Roubini

1 May 2019

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April 2019

Preview: Fed Still Patient, With Rate Cuts Considered Only If Outlook Worsens

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by Nouriel Roubini and Alex Waters

29 April 2019

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Flash Review: Ultra-Dovish Riksbank Lowers Its Repo Rate Path And Extends QE to End-2020

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by Brunello Rosa

25 April 2019

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Review: The BoJ Re-Commits to Its Current Policy Framework by Updating Its Forward Guidance

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by Brunello Rosa

25 April 2019

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MONETARY AFFAIRS - Review: Bank Of Canada Removes Its Tightening Bias

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by Brunello Rosa

24 April 2019

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Preview: BoJ In Wait-And-See Mode as Global Headwinds May Fade

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by Alex Waters and Nouriel Roubini

19 April 2019

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MONETARY AFFAIRS - Bank of Canada Preview: On Hold, For Now

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by Alex Waters and Brunello Rosa

19 April 2019

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MARCH-APRil 2019

ECB Review: Assessing The Policy Stance Ahead Of Further Possible Action

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By Brunello Rosa

10 April 2019

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ECB PREVIEW: Policy on Hold. No Tiering Yet and TLTRO Details to Be Decided Over Time

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by Brunello Rosa and Nouriel Roubini

8 April 2019

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ECB Is Mulling Reserve Tiering, But It Has Not Made Up Its Mind Yet

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by Brunello Rosa

8 April 2019

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Review: RBNZ Prepares For a Rate Cut (And Puts Pressure On RBA To Shift Risk Balance)

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by Alex Waters and Brunello Rosa

28 March 2019

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Review: Hawkish Norges Bank Raises Rates and Signals Another Hike Within Six Months

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by Brunello Rosa and Alex Waters

21 March 2019

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MONETARY AFFAIRS - Review: Fed Delivers Another Dovish Surprise

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by Brunello Rosa and Alex Waters

20 March 2019

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March 2019

Preview: Norges Bank To Hike In March and Signal Another Hike in 2019

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by Alex Waters

15 March 2019

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Fed Preview: Extended Pause Highly Likely and Treasuries Runoff to End This Year

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by N. Roubini, B. Rosa and A. Waters

14 March 2019

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MONETARY AFFAIRS - ECB Review: ECB Adds Monetary Accommodation

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by Brunello Rosa

7 March 2019

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MONETARY AFFAIRS - REVIEW: Dovish BOC Signals A Long Pause

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by Brunello Rosa

6 March 2019

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Reviewing DNB’s Reaction Function To Defend Currency Peg

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by Alex Waters and Brunello Rosa

5 March 2019

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MONETARY AFFAIRS - PREVIEW: BOC Likely To Pause For Longer

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by Alex Waters, Joseph Shupac, Brunello Rosa 

4 March 2019

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January - February 2019

PREVIEW: Change In Forward Guidance and New (T)LTRO Coming, Given Downside Risks

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by Nouriel Roubini and Brunello Rosa

21 February 2019

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SNB: Rising Global and Domestic Risks To Fight With Little Policy Ammunition

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by Alex Waters and Brunello Rosa

20 February 2019

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RBA Jumps on The Dovish Bandwagon, While RBNZ Still Sits On The Fence

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by Alex Waters

19 February 2019

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REVIEW: The Fed Takes A Sharp Break In the Hiking Cycle and Moves to a Strongly Dovish Stance

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by Brunello Rosa

30 January 2019

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Fed Preview: Opening The Door To A Pause In The Hiking Cycle

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by Alex Waters and Brunello Rosa

25 January 2019

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Review: ECB Twists Risks To The Growth Outlook To The Downsid

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by Brunello Rosa

24 January 2019

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January 2019

The Future of Banking: Small is the New Big

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by Alessandro Magnoli Bocchi 

and Mert Yildiz


24 January 2019

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Review: BoJ Lowers Inflation Projections and Remains On Auto-Pilot

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by Alex Waters 


23 January 2019

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Norges Bank Preview: Waiting For March to Hike

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 Photo: Esten Borgos (from Norges Bank’s website)  

by Alex Waters

18 January 2019

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BoJ PREVIEW: A Stronger Yen May Cause Some Discomfort

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by Alex Waters 

17 January 2019

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REVIEW: BoC Remains On Hold, With Hawkish Undertones

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by B. Rosa, A. Waters and J. Shupac

9 January 2019

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PREVIEW: BoC Likely to Remain On Hold, While Sounding Upbeat

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by Alex Waters and Joseph Shupac

7 January 2019

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November - december 2018

MONETARY AFFAIRS - Review: Riksbank Hikes its Policy Rate by 25bps

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by Brunello Rosa 

and Alex Waters 

20 December 2018

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MONETARY AFFAIRS - Review: Fed Reduces Expected Number of Rate Hikes in 2019

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by Brunello Rosa 

and Alex Waters 

19 December 2018

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MONETARY AFFAIRS - PREVIEW: Fed to Signal Slower Pace of Policy Normalization

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by Brunello Rosa, Alex Waters and Nouriel Roubini

17 December 2018

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RIKSBANK PREVIEW: Riksbank Likely To Wait Longer Before Lift-Off

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by Brunello Rosa and Alex Waters

14 December 2018

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ECB REVIEW ECB Confirms Its Policy Stance (With Few Details on Reinvestment)

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by Brunello Rosa

13 December 2018

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ECB PREVIEW: We Do Not Expect A Radical Shift In Policy in December

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by Brunello Rosa and Nouriel Roubini

30 November 2018

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September - November 2018

BOJ Still Far From A Shift In Policy Regime, But Triggers For A Change Are Now Clearer

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by Nouriel Roubini 

8 November 2018

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MONETARY AFFAIRS: ECB Review Rendez-Vous in December for All Decisions

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by Brunello Rosa

25 October 2018 

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BOC REVIEW: Trade Relief Ensures An Autumn Hike and Hawkish Tones

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by Joseph Shupac and Brunello Rosa

24 October 2018

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MONETARY AFFAIRS - PREVIEW: ECB Likely To Buy More Time Before Committing

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by Brunello Rosa

22 October 2018

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REVIEW: Fed Hikes Rates and Drops “Accommodative” Stance

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by Brunello Rosa

27 September 2018

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PREVIEW: Fed Continues to Normalize At a Steady Pace

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by Brunello Rosa 

and Nouriel Roubini

24 September 2018

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July - September 2018

Norges Bank Begins Its Well-Telegraphed Tightening Cycle

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by Brunello Rosa

21 September 2018

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Review: ECB Buys Time (Again) On Re-Investment Policy

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by Brunello Rosa

13 September 2018

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ECB PREVIEW: Still Waiting For Re-Investment Policy Details

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by Brunello Rosa

11 September 2018

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BOJ Policy Tweaks Fail To Impress Markets

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by Brunello Rosa 

and Nouriel Roubini

21 August 2018

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REVIEW: BOE Ends Up Delivering A Dovish Hike

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by Brunello Rosa


2 August 2018

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PREVIEW: BoJ Unlikely To Change Its Policy Regime Apart From Minor Tweaks

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by Nouriel Roubini

27 July 2018

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June - July 2018

BOE PREVIEW BOE Finds A Window To Slot In a Rate Hike

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by Brunello Rosa

27 July 2018

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ECB Review: Details On Reinvestment Policy to Come After the Summer

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by Brunello Rosa

26 July 2018

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ECB PREVIEW: Focus on Re-Investment Policy

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by Brunello Rosa


20 July 2018

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BOC Review: Hike Now, and on a Half-Yearly Basis

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By Joseph Shupac 

and Brunello Rosa

12 July 2018

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PREVIEW: BOC Set to Raise Rates, But No Longer Certain to Signal Further Hikes

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by Joseph Shupac and Brunello Rosa

6 July 2018

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BOE After June MPC and Mansion House Speech

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by Brunello Rosa


22 June 2018

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May - June 2018

ECB Indicates End of QE and Beginning of Rates Guidance

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by 

Brunello Rosa

14 June 2018

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Fed Review: Fed Delivers A Hawkish Hike

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by Brunello Rosa


13 June 2018

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FED PREVIEW: Hike in June Done Deal, Four Hikes in 2018 Not Yet

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by Nouriel Roubini and Brunello Rosa

11 June 2018

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ECB PREVIEW: Discussion on QE Extension to Begin in June, But No Rush to Decide

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by Brunello Rosa and Nouriel Roubini

8 June 2018 

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BOE Stays on Hold and Remains Data Dependent

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by Brunello Rosa

10 May 2018

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BOE To Remain on Hold in May (And Even a Hike in August Is Not A Done Deal)

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by Brunello Rosa

4 May 2018

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March - April 2018

ECB to Gradually Exit QE by Year-End

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by Brunello Rosa and Nouriel Roubini 
17 April 2018

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Fed Review: Fed Delivers A Relatively Hawkish Hike

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by Brunello Rosa

22 March 2018

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Fed Preview March 2018: A “Relatively Hawkish” Hike

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by Brunello Rosa and Nouriel Roubini 

19 March 2018

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ECB Drops Easing Bias Amid Dovish Press Conference

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by Brunello Rosa


8 March 2018

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BOC Preview: On Hold Given Negative Economic Surprises

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by Joseph Shupac and Brunello Rosa

6 March 2018

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ECB’s Dilemma: Euro Strength vs Removing the Easing Bias

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by Brunello Rosa and Nouriel Roubini 

2 March 2018

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February 2018

Monetary Policy in the Medium-Term: Tighter Stance, Expanded Toolkit

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by Alessandro Magnoli Bocchi 

and Francisco Quintana

23 February 2018

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Riskbank Review: On Hold, With A Dovish Tilt

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by Brunello Rosa

14 February 2018


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Q&A on FOMC Composition and Fed’s Policy Regime

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by Nouriel Roubini and Brunello Rosa 

13 February 2018


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Riksbank Preview: On Hold, With A Dovish Bias

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by Brunello Rosa and Nouriel Roubini

12 February 2018

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BoE Delivers Hawkish Inflation Report

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by Brunello Rosa

12 February 2018

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BOE Preview February : On Hold, But Alert

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by Brunello Rosa

2 February 2018

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January 2018

Fed Preview: On Hold in January, Door Open in March

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by Brunello Rosa

26 January 2018

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ECB Review Strong Euro at the Forefront of ECB’s Attention

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by Brunello Rosa

25 January 2018

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ECB Preview: Taking Stock of the Strong Euro

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by Brunello Rosa

22 January 2018

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November - December 2017

December 2017 Review: Riksbank Brings Forward Reinvestment Plans

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by Brunello Rosa

20 December 2017

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December 2017 Preview: Riksbank to Extend Monetary Easing

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by Brunello Rosa and Nouriel Roubini

15 December 2017

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Fed Review December 2017: Another Dovish Hike, Caution Ahead

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by Brunello Rosa

13 December 2017

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Fed Preview: Cautious Tightening After The December Hike

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by Brunello Rosa

11 December 2017

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ECB Preview December 2017: Nuances on Forward Guidance

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by Brunello Rosa

7 December 2017

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BOE Tightening: Unwillingly Dovish

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by Brunello Rosa

2 November 2017

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October 2017

The Choice of the New Fed Chair

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by Nouriel Roubini

30 October 2017

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ECB Cautiously Reduces The Pace of QE

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by Brunello Rosa

26 October 2017

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The Riksbank Hints at More QE

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by Brunello Rosa

26 October 2017

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ECB To Cautiously Reduce the Pace of QE

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by Brunello Rosa and Nouriel Roubini

16 October 2017

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How the Market is Mis-Reading the Riksbank

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by Brunello Rosa and Nouriel Roubini

19 October 2017

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BOE to Reduce Accommodation Despite Rising Political Turmoil

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by Brunello Rosa and Nouriel Roubini

13 October 2017

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September 2017

Fed Review: Dovish Tightening, Hawkish Signals

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by Brunello Rosa and Nouriel Roubini

20 September 2017

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Fed Preview: "Relatively Dovish" Tightening Set to Continue

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by Brunello Rosa and Nouriel Roubini

15 September 2017

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ECB Review: Draghi Said More Than Most People Think

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by Brunello Rosa

7 September 2017

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