At its 17–18 March meeting, the Central Bank of Brazil’s Monetary Policy Committee (COPOM) unanimously voted to cut the benchmark...
News Category: Monetary Policy
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Brazil: COPOM slashes key interest rate to new record low in March -
Turkey: Central Bank cuts policy rate and introduces new liquidity measures in emergency meeting in March The Central Bank moved forward its scheduled meeting by two days to 17 March in response to the coronavirus outbreak.... -
Kazakhstan: Central Bank stands pat after hiking rates in previous meeting earlier in March At its 16 March meeting, the National Bank of Kazakhstan decided to maintain the base rate at 12.00%, its highest... -
Vietnam: State Bank of Vietnam slashes interest rates in March to safeguard the economy On 16 March, the State Bank of Vietnam (SBV) reduced several interest rates, with the refinancing rate being cut from... -
Czech Republic: CNB cuts rates in emergency meeting; introduces preventive measures in March At an extraordinary meeting held on 16 March, the board of the Czech National Bank (CNB) unanimously decided to axe... -
Japan: Bank of Japan acts to buttress the economy At an emergency meeting ending on 16 March, the Bank of Japan (BoJ) loosened its monetary policy to support the... -
Sweden: Riksbank announces new measures to buttress economy On 16 March, the Riksbank announced a raft of new emergency measures to support the economy, in the face of... -
New Zealand: RBNZ rushes to support the economy at extraordinary meeting in March On 15 March, at an extraordinary meeting, the Reserve Bank of New Zealand (RBNZ) decided to slash the official cash... -
Chile: Central Bank slashes rate to its lowest point in nearly a decade in March as Covid-19 bites At a special meeting on 16 March, the board of the Central Bank of Chile (BCCh) slashed the monetary policy... -
United States: Fed slashes rates to Financial Crisis levels at second emergency meeting in March In its second emergency meeting this month, the Federal Open Market Committee (FOMC) decided on 15 March to slash its...