Central Bank Watch
Filipino Interest Rate Cut
April 10, 2025
At the Central Bank of the Philippines, however, the key interest was cut today by 25 basis points to 5.5% following a scheduled review of the monetary stance. This was the fourth 25-bp reduction since last August, and the new rate is a full percentage point below the peak of 6.5% maintained from October 2023 […] More
New Overnight Developments Abroad - Daily Update
Tariff Confusion, Inflation, Industrial Production, and Continuing Financial Market Volatility
April 10, 2025
President Trump’s peek-a-boo tariff policy is putting Lincoln’s warning that you cannot fool all of the people all of the time to a test. Investors got severely whiplashed yesterday afternoon by the 90-day tariff pause. The subsequent sharp rally in U.S. equities extended in Asian and European markets overnight, but U.S. futures prior to today’s […] More
