Central Bank Watch
Central Bank Rate Cuts in Sweden and the Czech Republic
September 25, 2024
The Swedish Riksbank’s cut to 3.25% followed similar moves done in May and August and was accompanied by a notably dovish statement of explanation. If the outlook for inflation and economic activity remains unchanged, the policy rate may also be cut at the two remaining monetary policy meetings this year. A cut of 0.5 percentage […] More
New Overnight Developments Abroad - Daily Update
Rate Cut Fever
September 25, 2024
In the wake of a disappointing and unexpected relapse in U.S. consumer confidence in the Conference Board’s monthly measure this month, financial markets are attaching greater odds to another interest rate cut by the FOMC at its early November meeting following the sizable 50-bp initial reduction made earlier this month. The consumer sentiment index printed […] More
