Central Bank Watch
Peruvian Monetary Policy Rate Left at 4.0% after Being Cut in May
June 9, 2017
The Central Reserve Bank of Peru Board had cut its interest rate four weeks ago in the first policy change in fifteen months. A statement released last Thursday after its June meeting reiterates the arguments made when policy was eased in May: Peru has in-target inflation, which should continue over the next two years; GDP is […] More
New Overnight Developments Abroad - Daily Update
Markets Calm Considering What’s Happened
June 9, 2017
Comey’s testimony, in which he basically called Trump a liar and laid out accusations that could be construed as an attempted obstruction of justice, may yet prove very damaging to the Trump Presidency and elicited a fairly rare full six-column headline on page 1 of the New York Times. The Conservatives lost their parliamentary majority […] More