DJIA21917.16
LIVE-410.32(-1.84%)
NDX7813.50
LIVE-75.51(-0.96%)

Bank of England Keeps Rates at Nearly Zero and Says Could Expand Asset Purchases if Necessary

Thursday, 26 March 2020 19:22 WIB BOE Bank Of England

The Bank of England voted unanimously to keep interest rates at 0.1% and maintain its £200 billion program of buying UK government bond and sterling non-financial investment-grade corporate bond purchases. "Regarding the impact of asset purchases, gilt yields fell significantly following the previous week's special MPC meeting and the commencement of additional gilt purchase operations from 20 March. If needed, the MPC can expand asset purchases further," the central bank said. Source : Marketwatch

Read more...

RECENT NEWS

Federal Reserve Chairman Jerome Powell in a rare morning-television appearance Thursday, told Americans the central bank "is working hard to support you now." The $2 trillion stimulus package passed by the Senate last night will provide immediate...

The Federal Reserve said Monday it will launch a barrage of programs aimed at helping markets function more efficiently in the wake of the coronavirus crisis. Among the initiatives is a commitment to continue its asset purchasing program “in the...

The Federal Reserve on Friday announced it was taking steps with five major central banks to enhance the dollar swap lines designed to make dollars available to foreign institutions. In a statement, the Fed said the central banks would undertake...

The Reserve Bank of Australia offered to buy as much as A$5 billion ($2.9 billion) of government bonds on Friday, purchasing debt to lower yields now that its exhausted conventional policy ammunition. Australian bonds held gains after the...

At its March quarter monetary policy assessment held this Thursday, the Swiss National Bank (SNB) board members decided to leave the monetary policy settings unchanged. The SNB left the benchmark sight deposit rate unchanged at -0.75%. The...

Monetary

At its March monetary policy meeting on Tuesday, the Reserve Bank of Australia (RBA) cut its official cash rate (OCR) by 25bps to a record low of 0.50%, as they weighed in the coronavirus outbreak

    Fiscal

    DISCLAIMER

    Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.