Central Bank Watch
Gradual Central Bank Interest Rate Incline Begins in Israel
April 11, 2022
Officials at the Bank of Israel raised their interest rate by a quarter percentage point to 0.35%. The rate had been 0.1% since a 15 basis point cut in April 2020 and matching a record low from late 2014 until November 2018. Analysts had expected an increase today but only by enough to reverse the […] More
New Overnight Developments Abroad - Daily Update
Anxious Start to a New Week
April 11, 2022
With central banks scrambling to counter inflation that has climbed far higher than anticipated, predictions are proliferating of a sharp economic slowdown or even a recession in the United States and many other economies. U.S. consumer price inflation is expected to have accelerated a half percentage point or more in March from February’s 7.9%. The […] More
