Central Bank Watch
Malaysia’s 3.25% Overnight Policy Rate Not Changed after Latest Review
September 5, 2018
A statement released by Malaysia’s Monetary Policy Committee projects that inflation, which was at 0.9% in July, will move higher but sees core CPI holding pretty stable. Officials foresee Malaysia’s economy continuing to expand steadily but flag a few near-term risks like “heightened trade tensions, prolonged weakness in the mining and agriculture sectors and some […] More
Central Bank Watch
Policy Monetary Policy Rate Left Unchanged at 1.5%
September 5, 2018
The Monetary Policy Committee of the National Bank of Poland has left the reference interest rate at 1.5% since two 50-basis point cuts in the first quarter of 2015. That stance is being continued, according to a statement released today. Inflation is merely moderate and low in the case of core items despite faster growth […] More
Central Bank Watch
Bank of Canada’s Governing Council Holds its Fire
September 5, 2018
Four previous 25-basis point increases of the Bank of Canada overnight interest rate had been implemented in September 2017 and January, May and July of this year. More are likely to follow. But consistent with the Governing Council’s “gradual approach,” officials decided to keep the target rate unchanged at 1.50% after the review completed today. […] More
New Overnight Developments Abroad - Daily Update
Tuesday’s Resilience in U.S. Stocks Doesn’t Prevent More Weakness in Asian and European Share Prices Today
September 5, 2018
Global investors are nervous for several reasons: Emerging market economies squeezed by trade tensions and Fed tightening. The possibility of a U.S. government shutdown over Trump’s insistence on funding for a Mexican border wall. A new book depicting the Trump Administration on the verge of a nervous breakdown. Unresolved geopolitical hot spots. Seasonal concerns. In […] More
