World Central Banks

The Bank of Japan kept its key short-term interest rate at -0.1%

Also bank maintained the target for the 10-year Japanese government bond yield at around 0% during its July meeting, by an 8-1 vote.

The Bank of Canada left its benchmark interest rate unchanged at the effective lower bound of 0.25%

The Committee said that it will continue its quantitative easing program with large-scale asset purchases of at least CAD 5 billion per week of government bonds.

The Reserve Bank of Australia left the cash rate unchanged at a record low of 0.25%

Policymakers reiterated that the economy is going through a very difficult period and is experiencing the biggest economic contraction since the 1930s.

The Reserve Bank of New Zealand left its official cash rate/OCR unchanged at a record low of 0.25%

Also bank maintained its large scale asset purchase (LSAP) programme at NZD 60 billion.

The Swiss National Bank kept its policy rate at -0.75%

Policymakers added that in the light of the highly valued Swiss franc, the bank is willing to intervene more strongly in the foreign exchange market.

Interest rates

Country Rate Value
USA Federal Funds 0,25 %
Switzerland 3 Month LIBOR Range -0.75 %
United Kingdom Repo Rate 0,10 %
EU Refinancing Tender 0,00 %
Japan Overnight Call Rate -0,10 %
New Zealand Official Cash Rate 0,25 %
Australia Cash Rate 0,25 %
Canada Overnight Rate Target 0,25 %
All rates
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