Central Bank Watch
Turkish Central Bank Interest Rate Cut by Less than Forecast to 37% from 38%
January 22, 2026
As in Hungary, Turkey’s interest rate and inflation experiences this decade epitomize the danger of allowing politicians a voice in monetary policy-making. It rarely ends well. The Central Bank of Turkey‘s interest rate has been as low as 8.5% during much of the first half of 2023 and as high as 50.0% in much of […] More
New Overnight Developments Abroad - Daily Update
Trump, Central Bank News & Plenty of Data Vying for Investors’ Attention
January 22, 2026
President Trump presented a much more compromising stance on Greenland at Davos than he had laid out prior to attending the conference. The resulting shift back into riskier assets that began yesterday carried into this Thursday’s session. On the central banking front, policy interest rates at the Bank of Norway and Bank Negara Malaysia were […] More