Central banks use a range of tools to implement monetary policy but normally identify one rate as their key policy rate. The FIRST SECTION of the table shows changes to policy rates in the current month, including the name of the country that changed its rate, the current policy rate, the latest change in the policy rate in basis points, the date of the change, the year-to-date net change and the change in basis points in the earlier years of 2017, current forex rates in uganda and 2015.
95 central banks covered by Central Bank News, followed by the change in GMPR in basis points year-to-date, and the date for the latest change. This is followed by the total change in GMPR in basis points in 2017, 2016 and 2015. For timely updates on monetary policy, connect to Central Bank News through Twitter or Facebook. Central Bank News also produces an inflation targets table. However, as rates and mechanisms change over time, we cannot guarantee the accuracy of the information above.
Central Bank News publishes a weekly review of the latest developments in global monetary policy. WIR can be accessed under the website’s Latest News pages or by searching for “Week in Review” in the website’s search tool. Central Bank News occasionally publishes a monthly review of developments in global monetary policy, including the the GMPR, the average nominal policy rate by the 90 central banks followed by Central Bank News. The articles can be accessed under the website’s Latest News pages or by searching for “GMPR.
Central Bank News has developed a global monetary policy rate index, which is designed to capture broad levels and trends in central bank interest rates. Please consult the resources below for more background information on the indexes and the index data itself. GMPRI was last updated in April 2012 but work is under way to update it. You’ve likely heard some of the following terms if you’ve paid attention to the world of finance: Cryptocurrency, Blockchain, Bitcoin, Bitcoin Cash, and Ethereum. And why is cryptocurrency suddenly so hot? First, we’ll explain the blockchain basics.
As society become increasingly digital, financial services providers are looking to offer customers the same services to which they’re accustomed, but in a more efficient, secure, and cost effective way. The origins of blockchain are a bit nebulous. A person or group of people known by the pseudonym Satoshi Nakomoto invented and released the tech in 2009 as a way to digitally and anonymously send payments between two parties without needing a third party to verify the transaction. It was initially designed to facilitate, authorize, and log the transfer of bitcoins and other cryptocurrencies. Blockchain tech is actually rather easy to understand at its core. Essentially, it’s a shared database populated with entries that must be confirmed and encrypted.