The RBNZ meeting was pretty uneventful The interest rate was kept at 0.25% and the Large Scale Asset Purchase (LSAP, $100 billion by June 2022) and Funding for Lending Programme…
The Reserve bank of Australia interest rate decision was as expected. The cash rate was kept at 0.10% and the 3 year bond yield target was also held at 0.10%.…
Major central bank rundown The central banks are listed below with their current state of play. The link for each central bank is included in the title of the bank…
At the last Bank of England meeting, the Monetary Policy Committee (MPC) voted unanimously to keep interest rates at 0.10% and bond purchases unchanged at £20 billion per month. Vaccine…
The rate was unchanged 0.25% and QE was unchanged at $120 billion per month. Here were the key takeaways: 1. The dot plot changed slightly with more board members seeing…
Rates were unchanged at 0.25% and bond purchases are set to continue at least at $4billion per week. However, the Bank of Canada still doesn’t want to bring rate hikes…
The ECB kept interest rates unchanged, as expected. They also kept the size of the bond purchases (PEPP) unchanged at €1.85 trillion. However, they expect the pace of the bond…
The main takeaway from the RBA is that they are not wanting to raise interest rates sooner than 2024. The RBA were explicit in this by saying that they do…
The Bank of Canada has developed a more optimistic outlook regarding its economic outlook. Heading into the latest meeting there were rumours of a very small rate cut mooted by…
What did the RBA statement tell us? Firstly, there were no surprises from the RBA’s rate decision. The Cash rate and the 3-year yield target were both were kept at…