Archive for March 20th, 2025

Central Bank Watch

A Central Bank Interest Rate Hike in Uzbekistan but a Cut in Switzerland

March 20, 2025

Uzbekistan is a different case altogether, and its circumstances call for progressive tightening. Officials at the Central Bank of Uzbekistan today raised their policy rate by half a percentage point back to 14.0%, matching a level that prevailed from March 2024 to July 2024 and before that from September 2020 to March 2022. CPI inflation […] More

New Overnight Developments Abroad - Daily Update

Central Bank Roll Call

March 20, 2025

The immediate sigh of relief by market participants — expressed in higher share prices and a retreat of the 10-year Treasury yield — to yesterday’s Federal Reserve show quickly wore off during overnight hours. Less emphasis has been attached to the unchanged Fed signal of likely two interest rate cuts later this year and to […] More

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