Central Bank Watch
National Bank of Romania
April 4, 2018
Following back-to-back quarter percentage point hikes in Romania’s monetary policy rate, now 2.25%, during January and February, central bank officials left the rate unchanged at today’s review. The 1.4 percentage point acceleration of Romanian CPI inflation between December and February had been along lines that officials had anticipated. The latest assessments reconfirm the outlook for […] More
Central Bank Watch
Central Bank of Sri Lanka
April 4, 2018
The Standing Lending Facility Rate at the Central Bank of Sri Lanka has been cut 25 basis points to 8.50%. By keeping the Standing Deposit Facility rate unchanged at 7.25%, the range between them has narrowed as a result. According to a released statement, inflation has decelerated as a result of softer food prices, inflation […] More
New Overnight Developments Abroad - Daily Update
Sino-U.S. Trade Dispute Evolves Into Deeper Conflict and Rattles Markets
April 4, 2018
As a presidential candidate, Trump prioritized the U.S. trade imbalance, which he blamed on unfair practices of America’s trading partners. But as president, he acted initially on many other issues, while doing little about trade. Then came the U.S. tariffs on steel and aluminum, which by themselves affected only a sliver of commerce. A month […] More
