Archive for May 7th, 2026

Central Bank Watch

Central Bank Rate Hikes in Moldova and Norway

May 7, 2026

In Moldova where CPI inflation rose to 5.8% in March from 4.9% two months earlier, officials felt that they could not merely wait and see as many other monetary authorities are doing. A 150-basis point interest rate hike to 6.5% at the National Bank of Moldova today restores the peak level of restraint that had […] More

New Overnight Developments Abroad - Daily Update

Investors Hopeful about A Path to an Enduring Deal Between the United States and Iran

May 7, 2026

The softer dollar, stock market rallies and lower long-term interest rates that have occurred this week rest heavily on the premise that political leaders in the United States and Iran now have strong incentives to strike a deal after absorbing considerable pain from their ten-week-old war, rising energy costs and voter disapproval of President Trump […] More

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