Central Bank Watch
Bank of Israel
March 28, 2016
Israel’s policy interest rate, 0.10% since a 15-basis point cut in February 2015, was again left unchanged after the March monthly meeting of monetary policymakers. In 2011, 2012, 2013 and 2014 the rate was cut three times each year. All the reductions were by 25 basis points. A statement explaining today’s decision noted that expected […] More
New Overnight Developments Abroad - Daily Update
Easter Monday
March 28, 2016
Markets are closed in Germany, Italy, Spain, the U.K., Sweden, Finland, Australia, and New Zealand for Easter Monday and in South Africa for Family Day. No meaningful data have been reported out of Asia or Europe. U.S. personal income and spending figures get released later today, as do pending home sales. The main take-away from […] More
