Archive for February 18th, 2016

Central Bank Watch

Another Indonesian Central Bank Interest Rate Cut

February 18, 2016

Policymakers at Bank Indonesia reduced the BI rate, the lending facility rate and the deposit facility rate by 25 basis points each to 7.0%, 7.5% and 5.0%.  This was the third decline in a year, after similarly-sized moves in February 2015 and January 2016.  Officials also cut the primary reserve requirement by a full percentage […] More

New Overnight Developments Abroad - Daily Update

Expressions of Concern

February 18, 2016

St. Louis Fed President Bullard, who had previously been urging interest rate normalization, gave a speech warning that further rate hikes would be risky in light of the continuing decline of market-based indicators of expected inflation and because a buildup of unhealthy asset bubbles has become less probable. A member of the Bank of Japan’s […] More