Archive for January 23rd, 2017

Central Bank Watch

Central Bank of Israel

January 23, 2017

Israel’s monetary committee retained a minimal key interest rate, which has been at 0.1% since a 15-basis point reduction in nearly two years ago in late February 2015. The central bank’s statement explaining today’s decision not to change the rate notes that CPI inflation averaged minus 0.2% in 2016 and observes that “risks to achieving […] More

Deeper Analysis

U.S. Economic Performance of the Last Ten Presidencies

January 23, 2017

John Kennedy began America’s 35th presidency on January 20, 1961 asking citizens to “ask not what their country can do for them” but rather to “ask what they can do for their country.” Making the case for passing the torch on to a new generation, he declared, “let us never negotiate out of fear, but […] More

New Overnight Developments Abroad - Daily Update

A Fearful Market as Trump Gets Down to Business

January 23, 2017

The dollar traded down 1.3% against the peso, 0.8% against the yuan, 0.8% relative to the yen, 0.6% vis-a-vis sterling, 0.4% against the kiwi, 0.3% versus the euro, Swissie and loonie, and by 0.2% against the Australian currency. President Trump last week insinuated that the dollar is too strong, but his Treasury Secretary appointee favors […] More