Central Bank Watch
National Bank of Poland
November 9, 2016
The Polish central bank reference rate will stay at 1.5% where such has been since a 50-basis point reduction in March 2015. Earlier, the rate was cut by 275 basis points between November 2012 and January 2014. A statement released by central bank officials today unveils new growth and inflation projections. Consumption-led growth in 2017 […] More
Central Bank Watch
Bank of Thailand Maintains 1.5% Interest Rate
November 9, 2016
The 1.5% one-day central bank repo rate, lowest since June 2010, has been at that level since back-to-back 25-basis point reductions in March and April 2015. There were six previous cuts of the same size administered from November 2011 to March 2014. A statement released after the latest monetary policy review called the current stance “accommodative […] More
New Overnight Developments Abroad - Daily Update
Stocks and Mexican Peso Fall
November 9, 2016
The U.S. election gave the Republican Party control of the White House, both bodies of congress, and the wherewithal to secure a conservative tilt to the Supreme Court for the foreseeable future. Trump upset Clinton by capturing all the southern states except Virginia and most of the Midwest. He appealed especially to white men without […] More