Central Bank Watch
Reserve Bank of Australia’s Official Cash Rate Left at 1.5%
February 6, 2018
The OCR has been 1.5% since the second of two 25-basis point cuts in 2016, which was engineered in August. The Reserve Bank of Australia Board schedules policy reviews on a monthly basis but skips January each year. At this first meeting in two months, policy was left unchanged. Inflation is still below the floor […] More
New Overnight Developments Abroad - Daily Update
Fear Time
February 6, 2018
FDR famously declared that the only thing we have to fear is fear itself, and markets have been finding plenty of that since share prices crested at the end of the week ending January 26th. The DOW is already down nearly 1% today and has dropped 9.2% in just over six sessions. Tuesday equity losses […] More
