Close panel

    Searcher

    Monetary policy

    Monetary policy latest publications

    Filter publications

    August 11, 2020

    Banxico will cut its policy rate 50bp to 4.50%

    We are sticking with 50bp cuts in the policy rate in each of the 2020 remaining scheduled meetings (to 3.00%). Forward guidance is unlikely but we expect Banxico to remain dovish and to brush aside the recent temporary and supply-driven inflation increase.

    Share on Social Media Other tools

    August 3, 2020

    China | Understanding the policy signals of the July CPC Politburo meeting

    The July Politburo meeting emphasized the importance of the domestic market for Chinese economy amid COVID-19 pandemic. In addition, the meeting also confirmed that the stimulus policy will be gradually normalized with ongoing rollout of targeted fiscal stimulus and more conservative monetary policy stance.

    Share on Social Media Other tools

    July 31, 2020

    Banxico has the space to further relax monetary policy

    Since the arrival of the coronavirus to Mexico, Banxico has reduced the monetary policy rate by 2 percentage points, bringing it from 7% to the current level of 5%. The central bank can still lower it by at least another two percentage points and bring it down to 3% without posing a risk for inflation.

    Share on Social Media Other tools

    July 29, 2020

    FOMC Meeting July 28-29: Dovish tone signals more accommodation for an extended period

    As expected, the Fed left interest rates unchanged and reaffirmed its commitment to, at a minimum, maintaining the current pace of asset purchases while also defending its expanded use of its lending powers until the economy is on the road to recovery.
    • Geography Tags
    • USA

    Share on Social Media Other tools

    July 22, 2020

    China Economic Outlook. Third quarter 2020

    Chinese economy is undergoing a V-shape recovery, with Q2 GDP increased significantly from -6.8% y/y in Q1 to 3.2%. Meanwhile, the recovery is still unbalanced as the pickup of the supply side appears much faster than that of the demand side. The recovery tends to make the 2H policy stimulus more conservative.

    Share on Social Media Other tools

    July 16, 2020

    ECB WATCH | Summer is the time to pause to reflect

    As widely anticipated, the ECB maintained status quo today, holding its policy guidance, interest rates, as well as the deposit tiering system unchanged

    Share on Social Media Other tools

    July 16, 2020

    Colombia Economic Outlook. Third Quarter 2020

    Colombia started its recovery path after the strong second quarter shock due to the pandemic. This process will be slow and gradual and will be determined by sector openings approved by the national and local governments. GDP is expected to fall by 7.5% this year and to recover by 5.5% in 2021.

    Share on Social Media Other tools

    July 2, 2020

    Mexico | Central Banks help, but they are not the solution

    The world is experiencing the deepest recession in the last hundred years. The IMF estimates that the global economy will contract 4.9% in 2020. Many countries will have contractions in the second quarter of this year of between 30% and 40% at annualized rates.

    Share on Social Media Other tools

    See more