Archive for April 6th, 2022

Central Bank Watch

Another Polish Interest Rate Hike

April 6, 2022

An increase of the National Bank of Poland’s policy interest rate to 4.5% from 3.5% announced today marks the seventh straight tightening from a pandemic low of 0.1% prior to last October. Such was the biggest incremental move in the current tightening sequence and was twice the size anticipated by analysts. 4.5% represents the highest […] More

New Overnight Developments Abroad - Daily Update

Financial Markets Reflecting Concerns about Stagflation and Russian Military Aggression

April 6, 2022

Investors are bracing for aggressive monetary policy tightening in the United States and elsewhere to counter inflation that has climbed shockingly high, and business confidence in the one-year economic outlook has been scaled sharply backward. Ten-year sovereign debt yields jumped overnight by ten basis points in the United States and Great Britain, eight bps in […] More