Central Bank Watch
Smaller Chilean Central Bank Rate Cut
June 19, 2024
The Central Bank of Chile’s policy interest rate was reduced by a further 25 basis points. This cut was smaller in size than the three earlier easings in 2024 that had totaled 225 basis points. Those moves followed ones during the second half of last year totaling three percentage points from a peak of 11.25% […] More
New Overnight Developments Abroad - Daily Update
On this U.S. Holiday, Share Prices Closed up 2.9% in Hong Kong, 2.6% in Taiwan, and 1.2% in South Korea
June 19, 2024
U.S. financial markets will be shut today for Juneteenth Day. A number of Asian stock markets closed sharply higher, reflecting AI euphoria, yesterday’s advance in U.S. share prices, new hope regarding prospects for the Fed cutting interest rates later this year, and Japanese trade data showing stronger-than-expected Japanese export and import growth in May. The […] More
