Central Bank Watch
Bank of Israel Policy Interest Rate Hiked to 14-Year High of 3.75%
January 2, 2023
The world’s first scheduled monetary policy review of 2023 resulted in a rate increase of 50 basis points to 3.75%. Although matching street expectations and following increases totaling 315 basis points at the last six Monetary Policy Committee meetings of 2022, today’s discussion underscores that 2022 ended with unfinished business for central banks trying to […] More
New Overnight Developments Abroad - Daily Update
Uneven Start to 2023 as Some, but Not All, Countries Observe Holiday
January 2, 2023
Although the most widely observed holiday closure of the calendar year, New Year’s Day in 2023 fell on a Sunday. The holiday has been extended to Monday in many countries, including the United States, Great Britain, Russia, Switzerland, South Africa, Nigeria and much of Africa, Serbia, Romania, Slovenia, Ireland, Lebanon, Slovakia, Bulgaria, Romania, Japan, Hong […] More
