In its second emergency meeting this month, the Federal Open Market Committee (FOMC) decided on 15 March to slash its...
News Category: Monetary Policy
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United States: Fed slashes rates to Financial Crisis levels at second emergency meeting in March -
Peru: Central Bank holds its ground in March despite heightened coronavirus-related risks At its monetary policy meeting on 12 March, the Central Bank of Peru (BCRP) held the policy interest rate steady... -
Canada: Bank of Canada cuts rates by 50 basis points for second time in March amid coronavirus anxiety On 13 March, the Bank of Canada (BoC) held an unscheduled meeting and cut its target for the overnight rate... -
Ukraine: NBU axes key policy rate to near six-year low in March At its 10 March, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 10.00% from... -
Serbia: National Bank of Serbia unexpectedly cuts policy rate 50 basis points in March On 11 March, the executive board of the National Bank of Serbia (NBS) slashed the key policy rate by 50... -
Kazakhstan: Central Bank hikes the base rate to a near-four-year high in March as Covid-19 hits the external... At an emergency meeting on 10 March, the National Bank of Kazakhstan hiked the base rate from 9.25% to 12.00%,... -
Argentina: Central Bank lowers interest rate floor again at March’s meeting On 5 March, in a further bid to prompt an economic recovery and amid some moderation in inflationary pressures, the... -
Poland: Central Bank stands pat in March despite heightened coronavirus-related risks The National Bank of Poland (NBP) kept the reference rate unchanged at a record low of 1.50% at its 3–4... -
Canada: Bank of Canada cuts rates amid a moderating growth outlook in March On 4 March, the Bank of Canada (BoC) cut its target for the overnight rate from 1.75% to 1.25%, following... -
Australia: RBA cuts rates to all-time low in March to counter effects of coronavirus At its 3 March monetary policy meeting, the Reserve Bank of Australia (RBA) decided to cut the cash rate from...