New Overnight Developments Abroad - Daily Update
Fed’s Two-Day Policy Review Begins with Market Consensus Fixed on Likely 25-Basis Point Interest Rate Increase
March 21, 2023
Steps by big banks to protect vulnerable mid-sized banks and by central banks to ensure ample liquidity have calmed world financial markets even on this day before an expected additional Federal Reserve interest rate hike. The dollar and yen, which prospered from safe haven-seeking capital inflows have settled back. The U.S. currency fell overnight by […] More
