Central Bank Watch
Bank of Korea Leaves Interest Rate the Same but Reduces 2019 Growth and CPI Forecasts
April 18, 2019
As expected, the Bank of Korea’s 1.75% base rate was left unchanged. This represents an “accommodative” stance, according to a released statement. Officials argue that “it is expected that the domestic economy will continue to grow at a rate that does not diverge significantly from its potential level, and it is forecast that inflationary pressures […] More
New Overnight Developments Abroad - Daily Update
Much To Watch Just before the Holiday
April 18, 2019
The Good Friday/Easter holiday break is ordinarily one of the quietest times for foreign exchange, but investors this year have a great deal of news to absorb before getting away: the promised redacted Mueller Report, preliminary April purchasing manager survey results, British retail sales, Australian labor statistics, German producer prices, Swiss trade, and a central […] More
