Central Bank Watch
Big Rate Cut at the Central Bank of Turkey
July 24, 2025
Today’s three percentage point cut in the Central Bank of Turkey‘s interest rate to 43.0% exceeded analyst expectations somewhat and almost reversed the entire 350-basis point hike done in April. Turkish CPI inflation of 35% last month was at a 43-month low and eight percentage points below the new central bank rate level. Officials felt […] More
New Overnight Developments Abroad - Daily Update
Central Banks and Preliminary July Purchasing Manager Surveys Share the Spotlight Today
July 24, 2025
U.S. President Trump and his entourage will tour the controversial Federal Reserve Board renovation site in Washington today in a confrontation sure to deliver a further blow to America’s claim to keeping monetary policy free from political interference. Announced central bank decisions by the European Central Bank, Central Bank of Ukraine and Central bank of […] More
