Central Bank Watch
Bank of Korea Eases Monetary Policy Again
October 16, 2019
The Bank of Korea enacted its second 25-basis point repo rate cut since July and released a statement that suggests more ease may be done. But with two of seven policymakers dissenting in favor of not cutting the main interest rate today, the timing and certainty of a third move has been thrown into some […] More
New Overnight Developments Abroad - Daily Update
Greater Pessimism Surrounding Brexit, U.S.-China, and Global Growth
October 16, 2019
Investor confidence regarding the main geopolitical risks of Brexit and U.S.-Sino trade continue to flip-flop seemingly on a daily basis, often without any concrete new actions. Still no deal on Brexit has been announced with the main sticking point being the handling of Northern Ireland’s border with Ireland, and time is getting exceedingly short. Trade […] More
