Central Bank Watch
Bank of Israel
October 26, 2015
Israel’s monetary policy rate will stay at 0.10% in November, its level since a 15-basis point cut announced in late February. CPI inflation of 0.4% remains less than zero, and core inflation is at 1.0%. Expected inflation is stable, and GDP is expanding moderately. The official statement notes that monetary policy stances are still quite […] More
New Overnight Developments Abroad - Daily Update
Further Evidence of the German Economic Resilience
October 26, 2015
The dollar fell overnight by 0.4% against the yen, loonie and kiwi, 0.3%relative to the euro and 0.2% against sterling. Share prices rose in the Pacific Rim but mostly are down in Europe. The changes have been only moderate. The 10-year gilt yield is a basis point lower. The 10-year JGB firmed a basis point. […] More