Archive for April 11th, 2022

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