May 05, 2020 12:08 pm UTC| Research & Analysis Central Banks
The Reserve Bank of Australia (RBA) left its monetary policy unchanged this morning, but changed the rules for some collateral to assist with financing conditions on the capital markets. In its main scenario the RBA...
The Fed will have to do a lot more than cut rates to zero to stop Wall Street's coronavirus panic
Mar 17, 2020 01:38 am UTC| Economy Central Banks
The Federal Reserve is 0 for 2 in its fight against Wall Streets coronavirus panic, seeming to confirm perceptions of the central banks impotence. The Feds first attempt to calm thing down a half-point surprise rate...
One word repeated 9 times explains why the Reserve Bank cut: it's "coronavirus"
Mar 04, 2020 00:34 am UTC| Insights & Views Central Banks Economy
Never has a virus featured so prominently in a Reserve Bank statement. Reserve Bank of Australia The word coronavirus is mentioned nine times in the governors seven-paragraph statement. His board cut the cash...
The evidence suggests Reserve Bank rate cuts don't hurt confidence
Feb 04, 2020 12:16 pm UTC| Insights & Views Central Banks Economy
When the Reserve Bank board meets today for the first time this year it is likely to leave its cash rate unchanged at the current all-time low 0.75%. Afterwards, it will announce its reasons, many of them good. But...
Quantitative easing now looks permanent – and has turned central banks into pseudo governments
Jan 24, 2020 05:38 am UTC| Insights & Views Economy Central Banks
After a pause of a few months, the worlds leading central banks are printing money again to try to bolster their economies. Commonly known as quantitative easing or QE, the European Central Bank (ECB) resumed its programme...
The next Bank of England governor must take a radically different approach to running the economy
Dec 20, 2019 03:30 am UTC| Insights & Views Central Banks
Following the monumental Conservative election victory, now is the time for the economics to work through. Mark Carney is due to leave his post as governor of the Bank of England at the end of January after six and a half...
BoJ likely to remain on hold for foreseeable future, says Capital Economics
Dec 16, 2019 07:51 am UTC| Commentary Economy
The Bank of Japan seems to have underestimated the drag on domestic demand from Octobers sales tax hike. But the global outlook has improved and the governments fiscal stimulus announcement has given policymakers a further...
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