Apart from taking part in this generic role, the potential of KBI will also be sharpened in order to comprehend specific issues faced in its locale; being more active in providing advices to regional government and economic actors/agents; resolving existing issues; and providing a useful source of information to participants of the regional economy.
It is expected that the Federal Reserve will, some time this year, lift the federal funds rate accelerator off the floor. If that happens there will no doubt be some disruption, as always, and more so as it will be the first Fed tightening for nine years and the ECB will be easing policy at the same time.