Central Bank Watch
Bank of Israel Raises Key Interest Rate
November 26, 2018
The Bank of Israel‘s key interest rate was changed for the first time since a 15-basis point cut in February 2015. That reduction was reversed today, but officials characterize the new stance as still accommodative. The rate is only 0.25% and was 3.25% at the end of 2010. In justifying today’s 15-basis point rate hike, […] More
New Overnight Developments Abroad - Daily Update
Share Prices Bounce Higher despite Geopolitical Tensions
November 26, 2018
U.S. equities rebounded over 1.0% in initial trading this Monday after a very poor performance last week. There were solid stock gains in Asia and Europe, too. EU leaders agreed to a tentative Brexit deal over the weekend, but the pact needs to be approved by the British and European parliaments. That accomplishment remains very […] More
