Central Bank Watch
Bank of Russia Tightens Again
December 15, 2023
The Bank of Russia lifted its benchmark interest rate by another full percentage point to 16.0% and predicted that a tight policy stance would be needed for quite a time longer. The rate has gone from 7.5% as recently as mid-2023. The war in Ukraine has gone from a series of early setbacks for Russian […] More
New Overnight Developments Abroad - Daily Update
TGIF
December 15, 2023
After an exhausting but satisfying week that featured a more dovish message from the Fed, mounting hopes for a non-recessionary U.S. return to price stability from a high inflation, a slew of other central bank policy reviews, and a significant shift into riskier asset classes, Friday is a welcome site. The dollar rebounded more than […] More
