On 7 April, the Reserve Bank of New Zealand (RBNZ) decided to ramp up its asset purchasing program in order...
News Category: Monetary Policy
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New Zealand: RBNZ ramps up asset purchasing program in April -
Turkey: Central Bank cuts policy rate by more than expected in April amid a more favorable inflation outlook The Central Bank delivered a larger-than-expected rate cut at its 22 April meeting, slashing the one-week repo rate by 100... -
Mexico: Banxico cuts key rate and unveils additional liquidity support measures in second emergency meeting in April In yet another surprise meeting on 21 April, the Governing Board of the Bank of Mexico (Banxico) unanimously decided to... -
Uruguay: Central Bank intervenes to support credit and liquidity; lowers M1+ target At its monetary policy meeting on 16 April, the Central Bank of Uruguay decided to lower its target for the... -
India: Reserve Bank of India governor announces unscheduled easing measures In an unscheduled press conference on 17 April, Reserve Bank of India (RBI) Governor Shaktikanta Das announced additional monetary policy... -
Philippines: BSP slashes rates to lowest level since introduction of corridor system in 2016 in April At an off-cycle monetary policy meeting on 16 April, the Central Bank of the Philippines (BSP) cut the overnight reverse... -
Canada: Bank of Canada keeps rates unchanged in April but draws on other policy tools to enhance liquidity On 15 April, the Bank of Canada (BoC) kept its target for the overnight rate at 0.25%, its effective lower... -
Uruguay: Central Bank intervenes to support credit and liquidity In two subsequent decisions on 19 March and 1 April, the Central Bank of Uruguay adopted measures to stimulate credit... -
Indonesia: Bank Indonesia leaves rates unchanged in April but cuts reserve requirements At its 13–14 April monetary policy meeting, Bank Indonesia (BI) left the seven-day reverse repo rate at 4.50%. The Bank... -
South Africa: SARB slashes rate to record low as coronavirus darkens economic outlook At an emergency meeting ending on 14 April, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB)...