Central Bank Watch
Chilean Policy Rate Left at 2.5%
March 20, 2018
The Central Bank of Chile’s Board voted unanimously to keep its 2.5% monetary policy interest rate. It reached that level in May 2017 after the last of four 25-basis point cuts that year. A statement released after the policy review observed two somewhat offsetting developments. On the one hand, the economy grew a little faster […] More
New Overnight Developments Abroad - Daily Update
Deepening Trade War Concerns
March 20, 2018
The Fed’s two-day policy review starts today. The first post-meeting press conference of the Jay Powell era and a likely 25-basis point interest rate hike are tomorrow, and investors are anxious to see if there is a signal that four increases this year are more likely than two or three. But all this has been overshadowed […] More
