The central bank also adjusted its base interest rate and announced plans to issue a 6-month savings bond that will pay 20 percent annualised interest.
June 20, 2022The HKMA has responded with a 75bp interest rate hike of its own, after intervening overnight to defend the HKD peg to the US dollar.
June 16, 2022The RBNZ has accumulated government bonds worth NZD 53 billion through a quantitative easing programme that began in 2020.
June 13, 2022The BOE will seek views from the public later this year about the possible issuance of a CBDC in the "second half of the decade" at the earliest.
June 10, 2022Australian Treasurer Jim Chalmers suggested that inflation could worsen and more rate hikes could come.
June 9, 2022The RBNZ suggests housing market objectives be excluded from the remit, just a year after it was amended to include house price considerations.
June 6, 2022The last time the HKMA intervened to defend a weakening HKD was in March 2019. The move is expected to raise borrowing costs.
May 13, 2022The RBI also increased the cash reserve ratio, the percentage of cash that banks need to keep in reserve against their total deposits.
May 6, 2022The Federal Reserve has also outlined plans to shrink its USD 9 trillion balance sheet in phases, starting in June.
May 5, 2022The SBV had asked banks to direct credit away from risky areas such as real estate and towards productive industries.
April 22, 2022