In its second emergency meeting this month on 15 March, the Federal Open Market Committee (FOMC) slashed its benchmark rate...
News Category: Monetary Policy
-
United States: Fed slashes rates at second emergency meeting in March; unveils unprecedented range of measures to address... -
Guatemala: Banguat slashes rates at two meetings in March At its 25 March meeting, the Monetary Board of the Bank of Guatemala (Banguat) cut the key interest rate from... -
Nigeria: Central Bank bucks global easing trend and holds rates in March At its meeting on 23–24 March, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously decided... -
Hungary: MNB leaves base rate unchanged at March meeting; unveils liquidity measures On 24 March, the Monetary Council of the Hungarian National Bank (MNB) as expected left the base rate unaltered at... -
Kenya: Central Bank slashes rate to eight-and-a-half-year low amid worsening economic backdrop On its 23 March meeting, the Monetary Policy Committee (MPC) of Kenya’s Central Bank slashed the Central Bank Rate by... -
Mexico: Banxico slashes key rate and unveils liquidity measures in March to combat coronavirus impact In a surprise out-of-cycle meeting on 20 March, the Governing Board of the Bank of Mexico (Banxico) decided to slash... -
Romania: NBR cuts rates in emergency meeting in March; points to QE program In an emergency meeting held on 20 March which took market analysts entirely by surprise, the National Bank of Romania... -
Thailand: Bank of Thailand lowers policy rate in emergency meeting On 20 March, the Monetary Policy Committee of the Bank of Thailand (BoT) held an emergency meeting and opted to... -
Russia: Plunging ruble prompts Central Bank to pause despite looming economic downturn At its 20 March meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) kept the... -
Norway: Norges Bank cuts rates to record low in March The Executive Board of Norges Bank unanimously decided to slash the sight deposit rate to 0.25% from 1.00% at its...