Archive for February 27th, 2017

Central Bank Watch

Israel’s Central Bank Interest Rate Left at 0.10%

February 27, 2017

Two full years have now passed since the last Israeli interest rate change, a 15-basis point cut to 0.1% from 0.25% undertaken in late February 2015. A released statement observed positive on-year CPI inflation last month for the first time since August 2014. At 0.1%, such is minuscule, however, and short-term inflation expectations are still […] More

New Overnight Developments Abroad - Daily Update

Brexit Worries Depress Sterling Against Euro

February 27, 2017

Sentiment toward Euroland was buoyed by French opinion polls and February economic sentiment data. Emmanuel Macron’s voter support in France improved. The final round of France’s presidential election is likely to pit the centrist Macron against the populist anti-EU National Front candidate, Le Pen. Economic sentiment in the euro zone edged 0.1 point higher to […] More