Central Bank Watch
First Rate Hike Since Late 2018 in Thailand… More to Come
August 10, 2022
Thailand’s central bank finally climbed on the bandwagon of interest rate normalization. A 25-basis point hike today to 0.75% was the first increase since December 2018 when the policy rate was raised from 1.50% to 1.75%. By a 6-1 vote with one policymaker preferring to kick of tightening with a move of 50 basis points, […] More
New Overnight Developments Abroad - Daily Update
U.S. CPI Heads Load of Price Data Released Today Around the World
August 10, 2022
Over ten price indices have been reported this Wednesday: German CPI inflation was confirmed at 7.5% in July, down from 7.6% in June and a 48-year high of 7.9% in May. The energy component subside to a still lofty 35.5% 12-month rate of increase, while food accelerated to 14.8% from 12.7% in the previous month. […] More
