Archive for October 24th, 2017

Central Bank Watch

National Bank of Hungary

October 24, 2017

Hungarian monetary policymakers left their base rate at 0.90% at the latest review. It’s been at that level since the last of 3 reductions in 2016, each by 15 basis points. The base rate had also been cut five times by 15 bps each during 2015 and is currently 610 basis points lower than in […] More

New Overnight Developments Abroad - Daily Update

Wait-and-See Mode

October 24, 2017

With much yet to be learned, investors seem to be of the view that on this day of a thin data release calendar that it’s best to wait and see Whom Trump picks to be the next Fed Chair. The details of ECB quantitative stimulus going forward into 2018 Whether the Catalonia crisis ends peacefully […] More