The central bank is right to hold its nerve
Markets want the cut now. Governor Andor's patience is not timidity — it is the whole point of having a central bank.
Breaking
Assembly passes $9bn Coastal Shield infrastructure bill after 14-hour session
Central bank holds key rate at 3.25% and signals autumn review
Flood warnings issued for the lower Aldenne Valley as river levels peak
Auriga-3 launch puts first Coravian weather satellite into orbit
Assembly passes $9bn Coastal Shield infrastructure bill after 14-hour session
Central bank holds key rate at 3.25% and signals autumn review
Flood warnings issued for the lower Aldenne Valley as river levels peak
Auriga-3 launch puts first Coravian weather satellite into orbit
Markets want the cut now. Governor Andor's patience is not timidity — it is the whole point of having a central bank.
The Bank of Coravia keeps policy unchanged for a fifth meeting but opens the door: “the balance of risks is shifting”, says Governor Andor.