On 29 May, Colombia’s Central Bank (BanRep) decided to cut the benchmark interest rate by 50 basis points to a...
News Category: Monetary Policy
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Colombia: BanRep slashes policy rate to new record low -
Japan: Bank of Japan ramps up policy response to Covid-19 At its monetary policy meeting ending on 22 May, the Bank of Japan (BoJ) once again dramatically loosened its monetary... -
Nigeria: Central Bank unexpectedly cuts rate to lowest in four years in May At its 28 May meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to slash... -
Korea: BOK chops rates to a fresh all-time low at the end of May, slashes economic forecast On 28 May, the Bank of Korea (BOK) voted to lower the base rate from 0.75% to 0.50%, as markets... -
Guatemala: Banguat stands pat at its 27 May meeting At its 27 May meeting, the Monetary Board of the Bank of Guatemala (Banguat) stood pat and kept the key... -
Kenya: Central Bank leaves rate unchanged in May At its 27 May meeting, the Monetary Policy Committee (MPC) of Kenya’s Central Bank left the Central Bank rate unchanged... -
Hungary: MNB stays put in May meeting On 26 May, the Monetary Council of the Hungarian National Bank (MNB) left the base rate unaltered at 0.90% and... -
Israel: Bank of Israel keeps rates unchanged in May At its 25 May meeting, the Bank of Israel (BoI) left the policy rate at 0.10%, following a 0.15 percentage-point... -
India: Reserve Bank of India slashes rates at unscheduled May meeting In an unscheduled monetary policy meeting ending on 22 May, which replaced the meeting scheduled to end on 5 June,... -
Turkey: Central Bank slashes its policy rate again in May The Central Bank once again cut the one-week repo rate at its 21 May meeting, this time by 50 basis...