Central Bank Watch
50-Basis Point Central Bank Rate Hike in Hungary Beats Forecasts
January 25, 2022
The National Bank of Hungary unexpectedly stepped up its pace of interest rate normalization this month, lifting the base rate by a half percentage point to 2.9%, a 97-month high. This was the eighth consecutive monthly increase. From a starting base rate level of 0.6%, there had previously been two increases of 15 basis points […] More
New Overnight Developments Abroad - Daily Update
Global Equity Prices Remain Highly Unstable
January 25, 2022
Five problems are contributing to stock market volatility around the world: The highest geopolitical tensions between the United States and Russia since the Cold War ended. A high probability that tomorrow’s Fed statement and press conference will signal a rate hike liftoff in March. Uncertainty over how inflation will evolve in 2022 after last year’s […] More
