Central Bank Watch
National Bank of Hungary
January 29, 2019
Although leaving Hungary’s central bank base rate (0.90%) and overnight deposit rate (-0.15%) unchanged at their cyclical lows, officials at Magyar Nemzeti Bank are now contemplating a policy trend reversal, affecting both its quantitative stimulus and these key interest rates. The Monetary Council is prepared for the gradual and cautious normalization of monetary policy, which […] More
New Overnight Developments Abroad - Daily Update
Important Decisions Later Today in the Long Brexit Saga
January 29, 2019
The major dollar relationships have moved 0.2% or less overnight. President Trump’s State of the Union Address has been reset for February 5th. Originally, it would have been today but was delayed because of the federal government shutdown. That leaves today’s major object of market attention fixed on Britain’s Parliament, where a series of votes […] More
