October 2015 – Economic Review

October 2015 - Economic Review

Central banks provided a boost to equity markets in October, pushing developed market indices to their best monthly performance in four years.

The People’s Bank of China took steps to boost lending and combat a slowing economy by cutting interest rates and easing banking restrictions. The one-year lending rate was cut 25 bps to a record low 4.35%, and the deposit rate was lowered 25 bps to 1.5%.

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In this issue:

  • Eurozone Inflation
  • Monthly Equity Returns
  • MSCI EAFE
  • MSCI EMERGING MARKETS
  • Market Returns as of October 31, 2015