Emerging Markets Central Bank Watch - Oct 2021

ARGENTINA - Declining inflation creates room for BCRA to temporarily cut short rates

BRAZIL - Analysts expect 100-bp hike in Oct, but could go by more

CZECH REPUBLIC - CNB to continue with rate hikes, likely at a robust pace

EGYPT - MPC likely to keep interest rates unchanged on Oct 28

HUNGARY - MPC strengthens hawkish rhetoric, rate hikes to be extended to 2022

INDIA - MPC likely to hold repo rate until at least FY22-end to support growth

INDONESIA - Bank Indonesia to keep key rate on hold well into 2022

ISRAEL - MPC to keep policy rate at 0.10% on Nov 22

MEXICO - Increasingly hawkish CB is set to raise its policy rate by at least 50bps in Q4

POLAND - MPC to hold fire through Oct meeting ahead of key Nov 3 sitting

ROMANIA - NBR may hike rate in Nov, as core inflation speeds, inflation expectations spike

RUSSIA - CBR to raise key rate by 50bps on Friday

SOUTH AFRICA - Short-term inflation risks could force MPC's hand in November

TURKEY - Markets expect MPC to deliver up to 100bps rate cut on Oct 21

UKRAINE - NBU unlikely to change key rate tomorrow

KAZAKHSTAN - NBK to hike base rate by 25bps on Monday

SOUTH KOREA - BOK likely cut rate by 25bps in November to counter financial imbalances

MALAYSIA - BNM likely to stay on hold in November due to easing lockdown

PAKISTAN - MPC could gradually hike policy rate by 75bps till Apr. 2022

PHILIPPINES - BSP likely to hold policy interest rate at 2.0% on Nov 18

ARGENTINA - Declining inflation creates room for BCRA to temporarily cut short rates