Central Bank of Ubekistan
Central Bank of Ubekistan
March 17, 2022
The Central Bank of Ubekistan‘s policy interest rate was jacked up three percentage points to 17%, its highest level since the final 7 months of 2004 when such was at 18%. In between, the rate had been as low as 9% from the start of 2015 until mid-2017. During the first pandemic year, there had […] More
Inflation and Russian Invasion of Ukraine Casting Longer Shadows
March 17, 2022
Equities behaved in a widely diverse way overnight after the Fed enacted the first of many rate hikes. Share prices closed up by 7.0% in Hong Kong, 3.5% in Japan, 3.0% in Taiwan, 1.8% in India, 1.7% in China, and 1.1% in Australia. But stock markets so far are down this Thursday by 1.0% in […] More
