Archive for April 23rd, 2020

Central Bank Watch

Rate Cut to 8% from 10% at National Bank of Ukraine

April 23, 2020

The National Bank of Ukraine slashed its policy interest rate by four times the expected amount to 8.0% from 10%, bringing the total reduction fromĀ  the three cuts this year to 450 basis points. The rate, which had crested at 18.0% from September 2018 to April 2019, is now at its lowest since March 2014. […] More

New Overnight Developments Abroad - Daily Update

Bombardment of Horrific Data Reported Today Around the World

April 23, 2020

There were 4.427 million new U.S. jobless insurance claims last week. The 5.787 million average of new claims in theĀ  past four weeks is up from an average of 2.898 million in the prior four-week period and just 210,750 per week during the four weeks through February 22. Continuing jobless insurance claims of 15.976 million […] More