Post Tagged with: "central bank"

Tanzania’s Central Bank, BoT, Slashes Discount Rate To Ease Credit Policy

April 17, 2023 8:11 pm18 comments
Tanzania’s Central Bank,  BoT, Slashes Discount Rate To Ease Credit Policy

Bank of Tanzania (BoT) has slashed down the discount rate by 4 percent and with immediate effect the new rate is now 12 percent. This is a major policy stance by the central bank since President John Magufuli came to power in November 2015. In 2016 the government ordered transfer […]

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Central Bank Posture Should Lead the Euro to Lower Levels

April 16, 2023 6:14 am24 comments
Central Bank Posture Should Lead the Euro to Lower Levels

European sovereign yields were lower by the evening session, whipsawing online trading, with the Bund having chopped around first higher and then lower, following mixed signals at the ECB press conference. The net result was no significant change in expectations on the rate stance of the central bank. The ECB’s […]

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