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RBNZ: Monetary Stimulus Continued

Reserve Bank of New Zealand RBNZ inflation

RBNZ will maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment objectives. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large Scale Asset Purchase and Funding for Lending programmes unchanged

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IMF praises Switzerland’s handling of the pandemic

Switzerland

According to the International Monetary Fund (IMF), Switzerland has navigated the COVID-19 pandemic well up to now and has been able to limit the decline in economic output.

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Federal Reserve issues FOMC statement March 2021

fed FOMC statement

The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.

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Fitch Ratings: World GDP Forecasts Revised Up After US Fiscal Stimulus Package

Fitch Ratings Global Economic Outlook

Global growth prospects are improving as fiscal support is stepped up sharply, economies adapt to social distancing and vaccination rollout gathers momentum, says Fitch Ratings in its latest Global Economic Outlook

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Philip Lowe: Opening remarks at the Melbourne Business Analytics Conference

philip-lowe RBA payments Analytics

I am very pleased to be able to join you, not least because of the theme of this year's conference: Driving Recovery and Growth through Data Analytics. This theme brings together 2 issues that are very close to my heart

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The End of LIBOR

LIBOR

The FCA has announced the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available

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Managing the risks of remote working in financial institutions

ABS

MAS and The Association of Banks in Singapore (ABS) jointly issued today a paper on managing new risks that could emerge from extensive remote working arrangements adopted by financial institutions (FIs) amid the COVID-19 pandemic.

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Statement by Philip Lowe, Governor: Monetary Policy Decision

RBA Philip Lowe cash rate

At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond

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RBNZ: Prolonged Monetary Stimulus Necessary

Reserve Bank of New Zealand RBNZ inflation

The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment remit.

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Jerome H. Powell: Semiannual Monetary Policy Report to the Congress

Federal Reserve Monetary Policy

Chairman Brown, Ranking Member Toomey, and other members of the Committee, I am pleased to present the Federal Reserve's semiannual Monetary Policy Report

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