BOK to prop up S. Korea's modest economic recovery
Mar 11, 2021 23:44 pm UTC| Economy
The Bank of Korea (BOK) will continue monetary easing to prop up an expected modest recovery in South Koreas economy. According to the BOK, it will pay close attention to household debts and financial imbalances as...
The Reserve Bank could still go negative
Feb 02, 2021 13:10 pm UTC| Economy
Few people expected the Reserve Bank to adjust its cash rate at its first meeting of the year today, and for good reason. It has been saying loudly that it is not expecting to increase the cash rate for at least three...
Federal Reserve hopes years of zero rates will spur inflation – but there are risks
Sep 20, 2020 06:01 am UTC| Economy Central Banks
In a healthy economy, prices tend to go up a process called inflation. While you might not like that as a consumer, moderate price growth is a sign of a growing economy. And, historically at least, wages tend to go up...
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...