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