On 13 March, the Bank of Canada (BoC) held an unscheduled meeting and cut its target for the overnight rate...
News Category: Monetary Policy
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Canada: Bank of Canada cuts rates by 50 basis points for second time in March amid coronavirus anxiety -
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... -
United States: Fed cuts rates at unplanned meeting amid spreading coronavirus risks On 3 March, the FOMC voted to cut the target range for the federal funds rate 50 basis points to... -
Malaysia: Bank Negara Malaysia cuts rates again at March meeting At its 2–3 March meeting, the Monetary Policy Committee of Bank Negara Malaysia (BNM) voted to lower the overnight policy...