Central Bank Watch
Central Reserve Bank of Peru
October 13, 2016
Officials at Peru’s central bank left their policy interest rate unchanged at 4.25% and released a statement that projected a drop of CPI inflation below the target range ceiling fairly soon and to 2.0% by the end of next year. Measures of expected inflation are diminishing, and real GDP is expected to grow at a 3% […] More
Central Bank Watch
National Bank of Serbia’s Key Interest Rate Left at 4.0%
October 13, 2016
Serbian inflation continues to run below the 2-4% inflation target band, but officials expect a rise above the target floor by the middle of next year according to a short statement released after the latest monetary policy meeting. The current 4.0% central bank rate is only half as high as its level at the start of […] More
Central Bank Watch
Bank of Korea
October 13, 2016
Policymakers at the Bank of Korea did not raise their one-week repo rate of 1.25%, a record low, in spite of a tripling of CPI inflation to 1.2% in September and a projection that positive growth will continue in the vicinity of 3%. In a statement released after the October policy meeting, officials stressed the […] More
New Overnight Developments Abroad - Daily Update
Many Factors Weighing on World Stocks
October 13, 2016
Share prices around the Pacific Basin fell 1.6% in Hong Kong and India, 0.9% in South Korea, 0.7% in Australia, 0.5% in Indonesia, and 0.4% in Taiwan and Japan. Equities in Europe are so far showing losses of 1.6% in Greece, 1.3% in France, Germany and Italy, 1.1% in Spain, 0.9% in Switzerland, and 0.7% […] More
