The ECB Changes Monetary Policy Strategy to Symmetric Target On 8 July the ECB announced its new monetary policy strategy of symmetric 2% inflation over the medium term. The target…
Australia's economy is officially above pre-pandemic levels. Economic activity has bounced back in the past two quarters. Data from the Australian Bureau of Statistics (ABS) reveals Australia's Gross Domestic Product…
In its latest policy decision, the Reserve Bank of New Zealand offered a hawkish surprise, by announcing the discontinuation of its Large Scale Asset Purchases (LSAP)
The Reserve Bank of Australia maintained its cash rate at the record low of 0.1% and extended its bond buying past the current September due date, albeit at lower pace
Governments utilise a mix of spending and taxation to meet economic objectives. This is typically referred to as fiscal policy and is used to affect the level of aggregate demand…
The US central bank maintained its interest rates and QE pace yesterday, but upgraded its economic forecasts and view on rates path, sending the US Dollar higher
Central Banks Introduce Hawkishness On 21 April, the Bank of Canada was the first industrial country's central bank to signal a reduction in stimulus and a normalisation of monetary policy.…
The BoC left interest rates unchanged at 0.25% and QE at C$3 billion/week, with more action potentially expected at the next meeting
It has been a few months since we saw the first reports of economic recovery in China. If we look at the GDP stats, China's significant down fall was first…
The world returns to normalcy after the pandemic that broke out last year and we will explore whether it was an unpredictable event, a Black Swan for markets.
Australian Unemployment and the RBA's Response During the Covid Pandemic The Reserve Bank of Australia or RBA is Australia's central bank. It is the custodian of the country's monetary policy…
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