Tag: monetary policy

Australia Wants Lower Interest Rates—But Could That Backfire on the Economy?

Pacific Piumi Fernando -
There has been a growing push to persuade the Reserve Bank of Australia (RBA) to reduce interest rates. However,...

Canada lowers interest rates

Commonwealth Business Suraj Atapattu -
Canada (Commonwealth)_The Bank of Canada announced the first rate reduction since March 2020 when it dropped its benchmark interest...

Bank of England’s rates remain steady

Real Estate Wasana Nadeeshani -
(Commonwealth) _ In its May meeting, the Bank of England (BoE) decided to maintain the bank rate at 5.25%,...

The Bank of Canada warns that an early rate cut in housing market

Canada and Caribbean Wasana Nadeeshani -
Commonwealth _ In its recent rate discussions, the Bank of Canada indicated that the existing benchmark interest rate might...

Time for Samoa’s Central Bank to change monetary policy- IMF

Pacific Mayondi Maralande -
A team from the International Monetary Fund (IMF) led by Mr. Andrew Swiston met with Samoan officials and other...

Singapore Central Bank tightens Monetary Policy to cool inflation

Asia Sarojini P -
Singapore (CU)_ In response to intensifying pricing pressures, the Monetary Authority of Singapore has tightened monetary policy in an...
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A major policy shift in BoC’s monetary policy framework

Savings & Money News Veronica Elishya -
OTTAWA (CU)_Every five years, the Bank of Canada (BoC), together with the Ministry of Finance, publishes a new monetary...