Central Bank Watch
National Bank of Romania
May 15, 2019
Board members of the National Bank of Romania did not raise their monetary policy rate further despite enumerating several concerns. Inflation has risen to 4.1%, and officials project that such will “remain above the variation band of the target during the next three quarters and thereafter return to and stay in the upper half of […] More
Central Bank Watch
National Bank of Poland Reference Rate Maintained at 1.5%
May 15, 2019
Four just over four years, the reference central bank rate in Poland has been at 1.5% since a pair of 50-basis point cuts in January and March of 2015. That’s the longest span between changes. In a released statement, the conclusion that 1.5% represents an appropriate stance was explained as follows: The outlook for economic […] More
New Overnight Developments Abroad - Daily Update
A Fresh Worry: Chinese Growth Slowed Last Month
May 15, 2019
Asian stock markets had taken the North America upward cue, posting gains on Wednesday of 1.9% in China, 0.6% in Japan and Hong Kong, 0.4% in Taiwan, and 0.5% in South Korea but that was before news of soft Chinese industrial production, retail sales, and business investment. In European trading, stocks are down 1.0% in […] More
