An accounting loss of A$36.7bn depleted the RBA's reserve funds and left it with a negative net equity position of A$12.4bn.
September 22, 2022Green quantitative easing may be an effective policy instrument if governments fail to introduce a carbon tax or equivalent carbon pricing mechanism.
August 15, 2022The RBNZ has accumulated government bonds worth NZD 53 billion through a quantitative easing programme that began in 2020.
June 13, 2022Rather than sell bonds back into the secondary market, the RBNZ will sell them to the Treasury at a pace of NZD 5 billion each fiscal year.
February 25, 2022RBA governor Philip Lowe suggests the central bank plans to maintain rather than shrink the size of its balance sheet.
February 6, 2022Weaker firms respond to lower long-term yields by refinancing debt. Healthier firms tend to increase cash holdings and share buybacks.
January 19, 2022The RBNZ increased its official cash rate for the first time in seven years to contain inflationary pressures and cool the housing market.
October 8, 2021PBOC governor Yi Gang warns that quantitative easing and ultra-low interest rate policies can be damaging to market functions.
October 1, 2021The bond-buying programme was originally scheduled to run until June 2022. The RBNZ says the programme is no longer necessary for monetary policy purposes.
July 15, 2021The central bank is considering a possible increase in its policy rate and a normalisation of monetary policy this year.
June 17, 2021