Central Bank Watch
Large 125-Basis Point Interest Rate Hike at the Czech National Bank
November 4, 2021
There had already been rate hikes of 25 basis points in both June and August followed by 75 basis points in September, but those increases were a mere preamble to a 125-basis point rise in the two-week repo rate to 2.75%. Like many other monetary authorities, those at the Czech National Bank attribute the recent […] More
New Overnight Developments Abroad - Daily Update
Ezone Producer Price Inflation Leaps; Bank of England Defers Hiking its Bank Rate
November 4, 2021
The intensity of recent inflation has become an all-pervasive concern on numerous fronts. A 2.7% monthly leap in Euroland producer prices during September (led by a 7.7% increase in energy costs) lifted the 12-month rate of producer price inflation by 2.6 percentage points to 16.0%. The monthly and yearly comparisons were each the greatest in […] More
