Central Bank Watch
Hungarian National Bank
March 27, 2018
Monetary policy settings were not changed by Hungary’s monetary council. The Base Rate remains at at 0.90%, its level since a 15 basis point cut in May 2016. The overnight deposit rate stays at negative 0.15%, its level since a 10-basis point reduction last September. A loose policy is justified because inflation still lies at […] More
New Overnight Developments Abroad - Daily Update
Monday Rebound of Stocks Extended and Dollar Higher Too
March 27, 2018
Share prices closed up 2.7% in Japan, 1.2% in in Hong Kong, 1.4% in Taiwan, 1.1% in China, 1.0% in New Zealand, 0.8% in Singapore and 0.7% in Australia. In European trading, equities have risen between 1.5% and 2.0% in the U.K., Germany and Switzerland and between 1.0% and 1.5% in France, Spain and Italy. […] More
