RBNZ Pledged to Expand QE and other Stimulus if Needed, as Risk to Outlook Skewed to Downside
As widely anticipated, RBNZ left the OCR unchanged at 0.25%. The size of QE also stays unchanged at...
RBNZ Preview: Cautiously Optimistic about Recovery while Pledges to Do More if Needed
RBNZ is likely to leave the OCR unchanged record low of 0.25% in June. Meanwhile, the size of...
BOE Expands QE Size, but Slows Pace of Purchases
BOE turned out to be less pessimistic than we had anticipated. The members acknowledged that global economic contraction...
SNB Intervened Aggressively to Weaken Franc and Pledged to Continue So
SNB left the monetary policy unchanged in June. Meanwhile, the members reiterated the commitment to intervene in the...
BOE to Expand QE and Discuss Negative Rates
Although there are signs that the coronavirus outbreak in the UK is stabilizing, its economic impact has just...
FOMC Signals to Increase Asset Purchases in Coming Months
As expected, FOMC left its monetary policy measures unchanged and downgraded the macroeconomic outlook. The members also project...
FOMC Preview – Standing Ready to Add Stimulus Despite Signs of Recovery
While we do not expect any change in monetary policy at the June FOMC meeting, there are a...
ECB Expands and Extends PEPP, after Sharply Downgrading Inflation
ECB’s increase in stimulus was slightly more than we had anticipated. The move was mainly driven by the...
BOC Turns More Optimistic About Economy, Scales Back Term Financing
Turning more optimistic on the economic outlook, BOC scaled back some term financing facilities, while leaving the policy...
ECB Preview – Lagarde to Expand PEPP and Sharply Downgrade GDP and Inflation Forecasts
We expect ECB to add more stimuli and downgrade it macroeconomic projections at the upcoming meeting. It is...
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