Central Bank Watch
National Bank of Poland
July 5, 2017
Poland’s 1.5% reference rate was retained after the latest review. It’s been at that level since 50-basis point cuts in January and March 2015. The rate had dropped to 2.5% from 4.75% between November 2012 and July 2013. Inflation and unit labor cost growth are moderate. While projecting inflation hovering near 2.0% and drifting a […] More
Central Bank Watch
Bank of Thailand
July 5, 2017
Thailand’s central bank interest rate has been 1.5% since 25-basis point reductions in March and April of 2015. These were preceded by six earlier cuts also of 25 basis points each administered from November 2011 to March 2014. Inflation, which recently fell due to supply-side factors affecting fresh food among other things, may even dip […] More
New Overnight Developments Abroad - Daily Update
Back to Business
July 5, 2017
U.S. markets reopened after the long Independence Day holiday break. Investors were greeted by the release of many more June purchasing manager survey results and have a number of events to get through. FOMC minutes will be released today. President Trump is embarking on his second trip abroad as president. He will be attending the […] More
