Archive for November 10th, 2022

Central Bank Watch

Another Central Bank Rate Hike in Serbia

November 10, 2022

Officials at the National Bank of Serbia today announced their third straight 50-basis point interest rate hike and seventh increase since April. The rate had been 1.0% from December 2020 until tightening started earlier this year. Serbian inflation remains far above the new policy rate of 4.5%. Opting for a gradual and calibrated tightening of […] More

New Overnight Developments Abroad - Daily Update

Data Release Menu Today Dominated by Inflation and Industrial Production

November 10, 2022

Ahead of the U.S. October consumer price data release, the dollar had risen overnight by 0.6% against the euro and 0.3% relative to the Swiss franc and Australian dollar. But drops of 0.4% against sterling and 0.2% versus the Japanese yen and Mexican peso held the weighted DXY dollar index’s gain to 0.3%. Ten-year sovereign […] More