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...
5 ways the Reserve bank is going to bat for Australia like never before
Nov 04, 2020 00:17 am UTC| Economy Central Banks
The most important of the five measures the Reserve Bank announced on Tuesday is the one that wont whirr into place for a very long time. Others start immediately. On Thursday the bank will wade into the market and...
Bank Indonesia keeps policy rate on hold at 4 pct, likely to continue with policy accommodation
Oct 13, 2020 14:19 pm UTC| Commentary Central Banks
Bank Indonesia kept its key policy rate on hold at 4 percent today for the third consecutive meeting. While the IDR has regained some ground in the past week or so, the currency continues to be the regions weakest...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects