Central Bank Watch
Poland’s Second 50-Basis Point Central Bank Cut Since March 17th
April 8, 2020
Poland’s central bank reference rate has been halved to 0.50% and henceforth will be surrounded by a zero percent deposit rate and a 1.0% Lombard rate. There had been an initial monetary policy response to Covid-19 on March 17, including a 50-basis point interest rate cut, liquidity injections via repo operations, and a program of […] More
New Overnight Developments Abroad - Daily Update
More Fuel for These Stressful Times
April 8, 2020
Finance ministers in the euro area for a second time failed to secure a deal that would coordinate their response against the coronavirus pandemic. They will try again later. The Bank of France revised its forecast of French real GDP growth in the first quarter of 2020 from +0.1% to negative 6%, which would make […] More
