Central Bank Watch
Romanian Central Bank Rate Cut
January 18, 2021
The National Bank of Romania cut its key interest rate by 25 basis points to 1.25%. This reduction augments the full percentage point of cuts last year (50 bps in March and 25 bps each in May and August) and takes the rate level to its lowest point in the 21st century. A released statement […] More
New Overnight Developments Abroad - Daily Update
Chinese Data, MLK Day and First Central Bank Rate Change of 2021
January 18, 2021
Financial markets this Monday will lack U.S. leadership due to the observance of MLK Day. In the wake of aroused racial strains that culminated in the 1/6 domestic terrorism attack on the nation’s capitol, there is extra poignancy to this year’s observance and uneasiness that more violence may mar this day. The National Bank of […] More