Central Bank Watch
National Bank of Kazakhstan Base Rate Cut By 50 Basis Points
September 4, 2026
The National Bank of Kazakhstan’s scheduled policy review sent a mixed message, cutting the base rate by 50 basis points to 16.25% rather than 25 bps as was expected but also signaling hesitation against further reductions when looking ahead. The favorable dynamics of current inflation and inflation expectations created room to lower the base rate […] More
New Overnight Developments Abroad - Daily Update
Another Shift in Perceived Likelihood of A Fed Tightening Later This Month
September 4, 2026
The U.S. labor market last month showed greater-than-anticipated strength. The pivotal factor behind what the FOMC ultimately decides will still be upcoming price data, today’s job market surprise packed enough punch to depress share prices, maintain elevated long-term interest rate levels, lift the dollar, and soften the prices of crypto and precious metals. The dollar […] More
