The PBOC should adopt an aggressive monetary policy like that of the US Fed to boost consumption amid concerns about growing debt levels.
April 19, 2021While the RBI has often purchased government securities, this is the first time it has committed to an amount upfront.
April 10, 2021The RBA’s first-ever quantitative easing programme was due to expire in mid-April. It will now be extended until at least October.
February 3, 2021The official cash rate is expected to remain at 0.1 for three years. The RBA will also buy A$100bn of government bonds over the next six months.
November 4, 2020The expansion brings the total available funding under the term lending facility to about A$200 billion, said RBA governor Philip Lowe.
September 3, 2020The RBNZ has expanded its quantitative easing programme to NZ$100bn and signalled a willingness to enter negative OCR territory, in response to Covid-19 related uncertainty.
August 13, 2020Former HKMA head Joseph Yam worries that the world may slip into a third financial crisis due to insufficient liquidity and dwindling spending caused Covid-19.
July 30, 2020Bank Indonesia abandoned the practice of quantitative easing in 1999 to ensure fiscal discipline in the aftermath of the Asian financial crisis.
June 22, 2020The RBNZ's bond-buying programme will be capped at NZ$60bn, up from the NZ$33bn announced in March. Government inflation-indexed bonds are also now included.
May 14, 2020The BOJ has removed its bond-buying cap, more than doubled its limit on corporate debt purchases, and expanded the collateral banks can pledge to include household debt.
April 27, 2020