Central Bank Watch
Azerbaijani Interest Rate Cut
July 23, 2025
At the Central Bank of Azerbaijan, officials lowered their refinancing rate by 25 basis points today to 7.0%. This cut was the first one made since May 2024 and brings the cumulative decline from a 9.0% peak in 2023 to two full percentage points. In resuming the rate reduction cycle, a released statement declares that […] More
New Overnight Developments Abroad - Daily Update
U.S.-Japan and Other Trade Deals but Also Confusion and Worry about Dollar’s Trend
July 23, 2025
Some good developments on the tariff front emerged in the past 24 hours, namely a trade deal between the United States and Japan that puts the U.S. tariff on Japanese imports at 15% instead of the 25% levy threatened in early April and also commits Japanese businesses to invest $550 billion in America. Deals were […] More
