Archive for April 25th, 2019

Central Bank Watch

Bank of Japan Keeps Rates Policy Unchanged and Updates Forecasts

April 25, 2019

The third scheduled Japanese monetary policy review of 2019 coincided with publication of the quarterly Outlook for Economic Activity and Prices, in which the baseline projections have been updated for GDP growth and core CPI inflation (excluding fresh food and adjusted to exclude as well the effect of a 2-percentage point consumption sales tax due […] More

New Overnight Developments Abroad - Daily Update

Stronger Dollar, Weaker Stocks, and Four Central Bank Meetings

April 25, 2019

The dollar advanced overnight by 0.4% against the yuan and peso, 0.3% relative to the euro, 0.2% versus the Swiss franc, sterling and Australian dollar, and 0.1% vis-a-vis the loonie. One currency against which the dollar fell was the yen, which climbed 0.3%. Share prices dived 2.4% in China to a 3-week low on continuing […] More