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.
The MDX 500 caps its best quarter in six years, led by builders and banks, as traders price an autumn easing from the Bank of Coravia.