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June 30, 2024
We begin with Interest Rate cuts in nature. This is a easing cycle after itord high borrowing, attracted 20 billion of local currency debt. We got more from the chief economist at white house research. I was expecting a bigger cut, i think that seems like a lot in the context of emerging markets. Remember, rates are were raised 700 points from the time of the devaluation up until last week. This is the first step of a very long journey to go. To be perfectly honest, i dont look too deeply into t...
June 30, 2024
This is an easing cycle after record high borrowing, it attracted 20 billion of local currency debt. Tracy alloway and i got more on the chief economist. I was expecting a bigger cut, i know that seems like a lot in the context of emerging markets. Remember, rates were raised 700 basis points from the time of the devaluation up until last week. This is the first step of a very long journey to go. To be perfectly honest, i dont look too deeply into the Monetary Policy statements out of the centra...
June 30, 2024
The first since the nation floated its currency at the end of 2016. It was a widely anticipated easing cycle after record high borrowing. It attracted 20 billion of local currency debt. Tracy alloway and i got more on the chief economist. Jeanpaul i was expecting a bigger cut. I know that seems like a lot in the context of emerging markets. Remember, rates were raised 700 basis points from the time of the devaluation up until last week. This is the first step of a very long journey to go. To be ...