Central Bank Announcements

On 17 June the MPC voted for the Bank of England to continue with its existing programme of £200bn of UK government bond and sterling non-financial investment-grade corporate bond purchases, …

Continue reading “BOE: Asset Purchase Facility: Gilt Purchases – Market Notice 6 August 2020”

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that …

Continue reading “BOE: Bank Rate maintained at 0.1% – August 2020”

Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system. The Financial Policy Committee …

Continue reading “Financial Policy Summary and Record – August 2020”

Framework sets out the Central Bank’s expectations of insurance firms in handling COVID-19 related business interruption insurance claims Where customers have an entitlement to claim under a business interruption insurance …

Continue reading “Central Bank publishes Business Interruption Insurance Supervisory Framework”

The International Monetary Fund (IMF) has extensive expertise in central bank legislation and a unique international insight into how it is designed in different countries. In light of this, the …

Continue reading “IMF experts present their view on the Riksbank Inquiry’s proposals”

Statistics on complaints to Bank of Russia: mid-year results

The Future of Retail Payments in the United States Governor Lael Brainard At the FedNow Service Webinar, Washington, D.C. (via webcast)

Federal Reserve announces details of new 24x7x365 interbank settlement service with clearing functionality to support instant payments in the United States

At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis …

Continue reading “Reserve Bank of Australia: Statement by Philip Lowe, Governor: Monetary Policy Decision”

South Africa Looks Toward Inclusive Recovery to Stabilize Debt, Boost Growth