Central Bank Watch
Reserve Bank of New Zealand Confirms Pause in Interest Rate Normalization
September 10, 2014
New Zealand’s Official Cash Rate had been raised by 25 basis points each in March, April, June and July of this year, but the statement accompanying the last of these increases signaled that no more hikes would be undertaken before officials had ample time to assess the impact of the four tightenings already done. Sure […] More
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Reserve Bank of New Zealand Confirms Pause in Interest Rate Normalization
September 10, 2014
New Zealand’s Official Cash Rate had been raised by 25 basis points each in March, April, June and July of this year, but the statement accompanying the last of these increases signaled that no more hikes would be undertaken before officials had ample time to assess the impact of the four tightenings already done. Sure […] More
New Overnight Developments Abroad - Daily Update
Ukraine, China, Scortland and Fed Command Spotlight
September 10, 2014
A general cease fire is said to be still holding in the Ukraine despite sporadic breaches. Chinese Premier Li made reassuring remarks that policy changes are coming to buttress growth. The independence vote by Scots on September 18th appears close. Opinion polls have given a slight edge to those favoring secession. A report is circulating […] More
