Chile cuts rate 75 bps to help credit markets function

  Chile's central bank cut its monetary policy rate by 75 basis points to 1.0 percent to ease the negative impact on the economy from the global spread of the coronavirus and launch a set of measures "to ensure the normal functioning of credit markets and the effective transmission the increased monetary stimulus." It is … Continue reading Chile cuts rate 75 bps to help credit markets function

Argentina Cuts Rate Eighth Time As Inflation Decelerates

"Monedas argentinas" / April 21, 2009 / Jorge Gobbi / Flickr / CC BY 2.0

Photo: "Monedas argentinas" / Jorge Gobbi / Flickr / April 21, 2009 / CC BY 2.0 Argentina's central bank lowered its benchmark interest rate for the 8th time since the current governor, Miguel Pesce, took over in December last year as part of Alberto Fernandez' new government. The Central Bank of the Argentine Republic (BCRA) … Continue reading Argentina Cuts Rate Eighth Time As Inflation Decelerates

Paraguay Holds Rate, Virus Seen as New Uncertainty

"Paraguay" / amslerPIX / Flickr / July 25, 2007 / CC BY-NC 2.0

Photo: "Paraguay" / amslerPIX / Flickr / July 25, 2007 / CC BY-NC 2.0 This article was originally published on CentralBankNews.info on February 24, 2020. It is reproduced here with permission from the author. Paraguay's central bank left its monetary policy rate steady at 4.0 percent, saying the data shows the country's economy is expected to continue … Continue reading Paraguay Holds Rate, Virus Seen as New Uncertainty

Dominican Rep. Holds Rate as Past Easing Boosts Demand

This article was originally published on CentralBankNews.info on November 30, 2019. It is reproduced here with permission from the author. The Central Bank of the Dominican Republic (BCRD) left its monetary policy rate steady at 4.50 percent for the third month, saying domestic demand is continuing to react favorably to the expansive monetary policy measures it has … Continue reading Dominican Rep. Holds Rate as Past Easing Boosts Demand

Trinidad & Tobago Holds Rate, Low Credit Demand, Inflation

This article was originally published on CentralBankNews.info on September 27, 2019. It is reproduced here with permission from the author. The Central Bank of Trinidad and Tobago (CBTT) left its benchmark repo rate steady at 5.0 percent in light of slowing global growth, easier monetary policy by major central banks, low inflation, sluggish demand for business credit, … Continue reading Trinidad & Tobago Holds Rate, Low Credit Demand, Inflation