Archive for May 17th, 2016

Central Bank Watch

National Bank of Serbia

May 17, 2016

Serbia’s central bank executive board left its main interest rate at 4.25%.  There’s been just one change this year, a 25-basis point cut in February, but seven 50-basis point reductions were implemented last year.  Serbia is one of many economies with inflation (0.4% in April) significantly below target (2.5-5.5%) but a likelihood of a rising […] More

New Overnight Developments Abroad - Daily Update

Several Developments Including a New Brexit Poll

May 17, 2016

According to a new British opinion poll that surveyed about 800 people by phone, the margin of people favoring continuing membership in the European Union versus leaving that group has doubled to about 15 percentage points with 55% want to stay and 40% now in support of leaving.  Sterling is 0.6% firmer against the dollar […] More