Deeper Analysis
February 2022 in Figures
February 28, 2022
Investors were already on high alert as the month began as a re-intensification of inflationary pressures made the prospect of tighter monetary policies seem more inevitable and likely to proceed more aggressively than imagined at the start of this year. On top of that set of risks, Russia’s invasion of Ukraine played out in surreal […] More
Central Bank Watch
Large Rate Hikes at the Central Bank of Russia and National Bank of Belarus
February 28, 2022
Today’s huge increase in the Central Bank of Russia’s policy interest rate from 9.5% to a 20-year high of 20.0% was the second increase this month following a percentage point high in the 11th. In a wide-ranging statement, Governor Nabiullina opens with acknowledging The conditions for the Russian economy have altered dramatically. The new sanctions […] More
New Overnight Developments Abroad - Daily Update
Escalating Financial and Political Chaos in Ukraine and Russia, and Rest of World Feeling Pain, Too
February 28, 2022
Ukrainian and Russian talks in Belarus are unlikely to defuse the military conflict. Russian President Putin seeks to replace Ukraine’s government and has insinuated that he may use nuclear weapons if Nato doesn’t back off. In this high stakes game game of chicken, Nato allies seek to decapitate the Russian ruble and financial markets and […] More
