Archive for June 22nd, 2015

Central Bank Watch

Bank of Israel Keeps its Key Interest Rate at 0.10%

June 22, 2015

The June meeting of the Monetary Policy Committee in Israel ended with a decision not to ease the ultra-accommodative stance any further, and market indications of rate expectations have sliced the probability of more easing according to a statement released by the Bank of Israel.  The rate had been cut by 75 basis points each […] More

New Overnight Developments Abroad - Daily Update

Greece Offers New Proposal to Creditors

June 22, 2015

The dollar, European stocks and European bond yields are higher.  Greek P.M. Tsipras offered a new deal, which wasn’t outright rejected initially, to the heads of the IMF, EU and ECB.  EMU finance ministers meet later today in Brussels.  The offer has engendered new optimism that a default and Grexit can be avoided. Share prices […] More