Archive for March 1st, 2022

Central Bank Watch

Central Bank Rate Decisions in Kyrgyzstan and Australia

March 1, 2022

The National Bank of Kyrgyzstan increased its policy rate by 150 basis points to 10.0%, which is exactly double the level prior to February 2021 and at a six-year peak. The previous increase of 50 bps was done in January. A 10% the policy rate still remains a tad below on-year CPI inflation in that […] More

New Overnight Developments Abroad - Daily Update

Russia Escalates Military Conflict.. Biden’s State of the Union Address Tonight

March 1, 2022

The fighting in Ukraine was even more intense on Tuesday, as Russian forces try for a quick knockout of that country. Meantime, Western sanctions are paralyzing the Russian economy and financial system. As on Monday, equity markets attempted a rebound in the Pacific Rim, but stocks got clobbered in Europe. Markets closed up 1.2% in […] More