BCB Chief Galipolo describes the external environment as adverse
Newsquawk Staff ·
- Monetary policy transmission signals are strengthening, while labour market remains resilient despite the slowdown.
- Thailand Central Bank Minutes from October 28th Meeting stated the Thai economy gained stronger-than-expected momentum, while overall growth remained below its potential and was uneven
- BCB Governor Galipolo says international reserves are more than sufficient to cover the portion of debt that is indexed to a currency other than the BRL
- CNB says underlying inflation trend has changed little in recent months and October core inflation 3.1% vs. 3.2% expected in bank's outlook
- Riksbank Minutes: overall, members are skewed towards further tightening, but the exact timing is less clear
- Banxico's Borja says inflation risks remain tilted to the upside; says their vote for keeping rates on hold does not mean the rate cut was rushed
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