Central Bank Watch
Swedish 7-Day Repo Rate Held at 0.00%
September 22, 2020
A statement released by the Swedish Riksbank after officials voted to leave the 7-day repo rate unchanged at zero percent proclaimed, “The Swedish economy has now begun to recover after having fallen sharply in the spring. But the way back is long and fraught with uncertainty. To provide support to economic developments and help inflation […] More
New Overnight Developments Abroad - Daily Update
Rising Covid Cases, Growth Outlook Concerns, Supreme Court Nomination Fight, and U.S.-China Tensions
September 22, 2020
The pace of new Covid-19 cases has risen in many countries. A U.S. increase above 40k in the past 24 hours is well above a safe level heading into the flu season. Fed Chairman Powell said America has a long way to go in its economic recovery from spring lockdowns and that a full comeback […] More
