Central Bank Watch
Another Armenian Central Bank Interest Rate Cut
October 29, 2024
The Central Bank of Armenia’s policy interest rate has been lowered at every scheduled review since June 2023, including 200 basis points since the start of 2024. Today’s reduction, like the previous five moves was by 25 basis points and brings the rate down to 7.25%, the lowest it’s been since December 2021. Armenian CPI […] More
New Overnight Developments Abroad - Daily Update
Economic Data Flow Picking Up
October 29, 2024
The deluge of economic data that typically occurs around the cusp between tangential months has put currency market participants in a wait-and-see mode that is particularly focused on upcoming U.S. releases and how such might influence what the FOMC‘s U.S. interest rate vote next week. Today’s U.S. data menu includes the JOLTS report on job […] More
