Archive for October 16th, 2018

Central Bank Watch

Hungarian National Bank

October 16, 2018

As expected Hungary’s central bank rates were left unchanged at the monthly policy review. The last Base Rate Change was a reduction of 15 basis points to 0.90% in May 2016, and the last change in the overnight deposit rate was a 10-basis point cut to -0.15% made in September 2017. A released statement projects […] More

New Overnight Developments Abroad - Daily Update

U.K., China, and Saudi Arabia in the News

October 16, 2018

British regular pay inflation accelerated 0.2 percentage points to 3.1% in June-August, the highest pace since the start of 2009. This has generated speculation about another Bank of England tightening and lifted the pound 0.5% above yesterday’s closing level. Chinese consumer prices recorded their second straight monthly advance of 0.7% in September, lifting the 12-month […] More