Central Bank Watch
Bank of Israel: No Interest Rate Change this Month
December 23, 2013
The Israeli central bank interest rate was kept at 1.0%, its level since a 25 basis point cut in October. Eight previous 25-basis point cuts were implemented stretching back to September 2011, including two in May 2013. A statement released today by the central bank observes that November inflation was less than forecast and that […] More
New Overnight Developments Abroad - Daily Update
Some Pre-Christmas Data
December 23, 2013
Japan was closed for the Emperor’s Birthday holiday, and other markets are winding down ahead of their closures. Today saw more data releases than any other day this week, but market action has been unremarkable. The dollar fell 0.4% against the Canadian currencies and shows a dip of 0.1% relative to the euro, Swissie, kiwi, […] More
