Archive for March 20th, 2015

Foreign Exchange Insights and Next Week

Next Week

March 20, 2015

Central Banks:  Interest rate policy meetings are scheduled in Taiwan, Mexico, Hungary, the Czech Republic, South Africa, The Philippines, and Israel.  Fed Governor and Vice-Chair Stanley Fisher and regional presidents Mester of Cleveland, Evans of Chicago, Bullard of St. Louis, Williams of San Francisco and Lockhart of Atlanta will be speaking publicly.  So will Governor […] More

Central Bank Watch

Central Bank of Chile Kept Interest Rate at 3.0%

March 20, 2015

Eight 25-basis point reductions of Chile’s policy interest rate were made between January 2012 and September 2014, including the last six since October 2013, but policy has not changed subsequently.  The problem is above-target inflation.  In a statement very similar to the previous one issued five weeks ago, Chilean central bank officials had this to […] More

New Overnight Developments Abroad - Daily Update

Some Guarded Optimism Regarding Greece

March 20, 2015

Talks yesterday between Greek leaders and that economy’s creditors were reportedly productive.  Greece is to present a list very soon of reforms that it will do.  Until then, the main loan will not go through, so Greece will need some kind of stop-gap support in the immediate time ahead.  At least the sides are talking, […] More