It's not the Reserve Bank's job to worry about housing prices
Jun 12, 2021 07:15 am UTC| Economy Central Banks
Once again folks are pointing to the potential danger of Australias low interest rates. This week a poll of so-called market economists by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank...
May 09, 2021 09:21 am UTC| Economy Central Banks
Ahead of the definitive official read of the economy from the treasury in the budget on Tuesday, the Reserve Bank has given us two special insights into its own thinking in the space of 14 hours. They suggest that...
The Bank of Canada must seize the pandemic moment and do more for Canadians
May 09, 2021 09:17 am UTC| Economy Central Banks
The Bank of Canada, like central banks around the world, is currently facing enormous upheaval and uncertainty due to the enduring COVID-19 pandemic. Will its leadership seize the moment as an opportunity to innovate...
Bank Indonesia keeps key interest rate on hold at 3.75 pct
Dec 17, 2020 12:57 pm UTC| Commentary Central Banks
The Indonesian central bank stood pat today, maintaining the policy rate at 3.75 percent. Bank Indonesia maintained its growth projections at -1 percent to -2 percent for 2020, and 4.8 percent to 5.8 percent for the next...
Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021
Nov 19, 2020 17:30 pm UTC| Commentary Central Banks
The Philippine central bank, BSP, lowered its overnight reverse repurchase rate by 25 basis points to 2 percent. The curt was linked to unfavourable external and domestic factors, such as elevated global uncertainty,...
Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further
Nov 19, 2020 16:25 pm UTC| Commentary Central Banks
Indonesian central bank lowered its key policy rate by 25 basis points to 3.75 percent. Todays cut is the first since July. The decision to cut rate reflects a desire to help the economic rebound and comes on the back of a...
Bank of Thailand keeps key policy rate on hold at 0.50 pct
Nov 18, 2020 12:30 pm UTC| Commentary Central Banks
The Thai central bank stood pat today during its meeting, as expected. In a unanimous decision, the policy rate was kept on hold at 0.50 percent. This meeting was the first under Governor Sethaput SuthiwartNarueput and the...
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