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
