Central Bank Watch
Bank of Israel Interest Rate Left Unchanged at 1.0% after Monthly Monetary Policy Committee Meeting
January 27, 2014
As in October, November and December, Bank of Israel authorities decided not to change policy. Previously, cuts had been made in September and November of 2011, January, June, October and December of 2012, twice in May 2013 and, most recently, at the late September meeting. Each of those nine cuts were a quarter percentage point […] More
New Overnight Developments Abroad - Daily Update
Continuing Focus on Emerging Market Difficulties
January 27, 2014
Asian share prices were battered additionally at the start of the new week. Stocks fell 2.5% in Japan, 2.6% in Indonesia, 2.1% in Hong Kong, 2.0% in Thailand and India, 1.8% in the Philippines, 1.6% in South Korea and Taiwan, 1.3% in China and Malaysia, and 1.1% in Singapore. While the British Ftse followed suit […] More
