April 1, 2020
By Poul M. Thomsen COVID-19 has struck Europe with stunning ferocity. While we do not know how long the crisis will last, we know that the economic impact will be severe. …
Continue reading “IMFBlog: Europe’s COVID-19 Crisis and the Fund’s Response”
April 1, 2020
“Policy synergy is again key to strengthening economic resilience in Indonesia, including mitigating the near-term economic impact of COVID-19. Bank Indonesia nevertheless expects the COVID-19 pandemic to restrain the domestic …
April 1, 2020
The Federal Reserve on Tuesday announced the establishment of a temporary repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) to help support the smooth functioning of …
March 31, 2020
The Bank of Canada announced today that it successfully launched its new Standing Term Liquidity Facility (STLF). “Given the current challenges in funding markets, the Bank of Canada encourages Canadian …
Continue reading “Bank of Canada announces successful launch of standing term liquidity facility”
March 31, 2020
Te Pūtea Matua – the Reserve Bank of New Zealand – is working closely with the whole of government and industry to ensure financial stability. “In these difficult times we …
March 31, 2020
The Reserve Bank is deploying another tool to provide additional liquidity to the corporate sector, and support smooth market functioning. A new weekly Open Market Operation (OMO) will provide liquidity …
Continue reading “RBNZ: Corporate facility another step to support market functioning”
March 30, 2020
Good morning, and thank you for joining Senior Deputy Governor Wilkins and me to discuss today’s interest rate decision. Before turning to your questions, let me briefly summarize today’s announcements. …
March 29, 2020
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate …
Continue reading “Bank of Canada lowers overnight rate target to ¼ percent”
March 27, 2020
Norges Bank’s Executive Board has employed Nicolai Tangen as the new CEO of Norges Bank Investment Management. Tangen will take up the position in early September 2020 according to plan. …
Continue reading “Nicolai Norges Tangen employed as new CEO in Norges Bank Investment Management”
March 27, 2020
Today, Norges Bank Investment Management has published extended information on return and risk in the Government Pension Fund Global. The publication supplements the fund’s annual report with figures and analyses …
