Central Bank Watch
Norwegian Central Bank Rate Hike
March 24, 2022
The Bank of Norway‘s policy interest rate was increased today by 25 basis points to 0.75%, matching incremental increases last September and December from a pandemic low of zero percent. The move was supported by all members of the Monetary Policy and Financial Stability Committee. However, a released statement served notice that inflation and wage […] More
New Overnight Developments Abroad - Daily Update
Stagflationary Outlook Gaining Traction and Western Leaders in Brussels Plan Contingent Plans for Ukraine Crisis
March 24, 2022
The world’s attention today is on Brussels where U.S. President Biden will be meeting with NATO allies, the European Council of political leaders, and Other Group of Seven members. The meetings are meant to coordinate a response to Russia’s continuing invasion of Ukraine, where the use of Russian weapons of mass destruction appears increasingly probable. […] More
