Central Bank Watch
Armenian Interest Rate-Cutting Cycle Extended
February 4, 2025
The Central Bank of Armenia’s policy interest rate was cut today by 25 basis points to a 3-1/2-year low of 6.75%. From a peak of 10.5% maintained from December 2022 until June 2023, the Armenian refinancing rate had been cut without interruption by 150 basis points in what remained of 2023 and a further 225 […] More
New Overnight Developments Abroad - Daily Update
Smoke ‘Em If You Got ‘Em
February 4, 2025
Trade warriors took a step back from the brink late yesterday. President Trump temporarily halted plans to impose 25% tariffs against Canada and Mexico, claiming negotiating progress in efforts to stop border crossings into the U.S. from those countries of Fentanyl and undocumented immigrants. In turn Canadian PM Trudeau halted its planned retaliatory levy of […] More
