Central Bank Watch
Reserve Bank of New Zealand Adds a New Feature to Monetary Stimulus
November 11, 2020
Reserve Bank of New Zealand’s scheduled policy review. The record low 0.25% Official Cash Rate was not changed. Such had been cut by 75 basis points last March and from as high as 3.50% prior to June 2015. Officials also reaffirmed its quantitative stimulus intended to buy a maximum of NZD 100 billion by mid-2022. […] More
New Overnight Developments Abroad - Daily Update
Tech Stocks Rebound, Covid Cases Soaring, and a Holiday is Observed
November 11, 2020
On the eleventh day of the eleventh month of 1918, an armistice was signed in Compiegne, France between World War I allies and Germany that ended the so-called “war to end all wars.” Each year on November 11th, that event 102 years ago is commemorated in three countries but by three different names: Armistice Day […] More
