Archive for May 22nd, 2018

Central Bank Watch

Hungary’s Accommodative Monetary Policy Settings Left Unchanged

May 22, 2018

The monetary council at Magyar Nemzeti Bank left its base rate at 0.90%, the level since a cut in May 2016 and its overnight deposit rate at negative 0.15%, its level since a reduction last September. Quantitative monetary policies were also not changed. In a released statement, officials observed that inflation is still below the […] More

New Overnight Developments Abroad - Daily Update

A Focus on U.S.-Sino Trade Talks and European Politics

May 22, 2018

Trade tensions between China and the United States appeared to lessen further as China announced it will cut tariffs on autos and progress was reported on a ZTE plan. Italy’s President Mattarella did not immediately endorse the Prime Ministerial choice of Giuseppe Conte proposed by a League and Five Star to lead the next government. Conte […] More