New Overnight Developments Abroad - Daily Update
Wednesday Briefing
August 21, 2024
Central bank meetings today ended with decisions to leave interest rates unchanged in Iceland, Thailand, and Indonesia: The Bank of Iceland’s 7-day rate has been at 9.5% since a 50-basis point hike in August 2023. CPI inflation there remains too high and above expectations at 6.3%. The rate is at a 14-year high and had […] More
