Wednesday, February 5, 2020

Rate Cuts at the Central Bank of Iceland and The Bank of Thailand

The Central Bank of Iceland as expected cut its 7-day term deposit rate by 25 basis points to 2.75%. A total of six 25-bp cuts were enacted during 2019. In a released statement, members of the Monetary Policy Committee cut their projected 2020 growth rate in half  to 0.8%, observing weak exports and tighter financial […]

* This article was originally published here

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