Central Bank Watch
Another 15-Basis Point Central Bank Rate Cut in Hungary
April 26, 2016
Magyar Nemzeti Bank cut its base rate to 1.05% from 1.20%. The rate had been frozen at 1.35% from July 2015 until last month’s meeting when a similar-sized rate cut was implemented in conjunction with a significant downwardly revised inflation projection. A statement released today concludes that “the sustainable achievement of the inflation target points […] More
New Overnight Developments Abroad - Daily Update
Chernobyl Anniversary, Five U.S. Primaries, and Firmer Oil Price
April 26, 2016
Today is the 30th anniversary of the nuclear reactor accident in Chernobyl. That event still constrains use of nuclear power even as the planet continues to warm. Today’s U.S. presidential primaries are in Pennsylvania, Maryland, Connecticut, Delaware, and Rhode Island. 384 Democratic Party delegates and 118 Republican delegates are at stake. Trump is expected to […] More
