Archive for January 27th, 2014

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