{"id":170673,"date":"2020-05-18T06:56:32","date_gmt":"2020-05-18T10:56:32","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=170673"},"modified":"2020-05-18T06:56:32","modified_gmt":"2020-05-18T10:56:32","slug":"this-week-in-monetary-policy-jamaica-indonesia-china-thailand-iceland-zambia-turkey-south-africa-paraguay","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/05\/this-week-in-monetary-policy-jamaica-indonesia-china-thailand-iceland-zambia-turkey-south-africa-paraguay\/","title":{"rendered":"This week in monetary policy: Jamaica, Indonesia, China, Thailand, Iceland, Zambia, Turkey, South Africa & Paraguay"},"content":{"rendered":"
May 18, 2020<\/div>
\r\n<\/div><\/div>

By CentralBankNews.info<\/u><\/a><\/p>\n

\u00a0 \u00a0 This week – May 17 through May 23 – central banks from 9\u00a0countries or jurisdictions are scheduled to decide on monetary policy: Jamaica, Indonesia, China, Thailand, Iceland, Zambia, Turkey, South Africa and\u00a0Paraguay.<\/span><\/div>\n
\u00a0 \u00a0 Originally the\u00a0central banks of Sri Lanka and the Philippines also were scheduled to hold\u00a0monetary policy meetings this week.<\/span><\/div>\n
\u00a0 \u00a0 \u00a0But on May 6, when Sri Lanka’s monetary\u00a0board meeting at a special meeting cut its key rate by 50 basis points, it also said there would not be a policy meeting as scheduled on May 21. Instead changes to monetary policy would be made when required.<\/span><\/div>\n
\u00a0 \u00a0 \u00a0On April 16, the central bank of the Philippines, Bangko Sentral ng Pilipas, cut its policy rate by 50 basis points at what is said was an “off-cycle rate cut” by its\u00a0monetary board, and said this decision substituted for the scheduled policy meeting on May 21.<\/span><\/div>\n
\u00a0 \u00a0 Following table includes the name of the country, the date of the next policy decision, the current policy rate, the result of the last policy decision, the change in the policy rate year to date, and the rate one year ago.<\/span><\/div>\n
\u00a0 \u00a0 The table is updated when the latest\u00a0decisions are announced and can always accessed by clicking on\u00a0This Week<\/span><\/a>.<\/span><\/div>\n
<\/div>\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n
WEEK 21<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
MAY 17 – MAY 23, 2020:<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
JAMAICA<\/td>\n18-May<\/td>\n0.50%<\/td>\n0<\/td>\n0<\/td>\n0.75%<\/td>\n<\/td>\n<\/tr>\n
INDONESIA<\/td>\n19-May<\/td>\n4.50%<\/td>\n0<\/td>\n-50<\/td>\n6.00%<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n
CHINA<\/td>\n20-May<\/td>\n3.85%<\/td>\n-20<\/td>\n-30<\/td>\n4.35%<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n
THAILAND<\/td>\n20-May<\/td>\n0.75%<\/td>\n0<\/td>\n-50<\/td>\n1.75%<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n
ICELAND<\/td>\n20-May<\/td>\n1.75%<\/td>\n-50<\/td>\n-125<\/td>\n4.00%<\/td>\n<\/td>\n<\/tr>\n
ZAMBIA<\/td>\n20-May<\/td>\n11.50%<\/td>\n0<\/td>\n0<\/td>\n10.25%<\/td>\n<\/td>\n<\/tr>\n
TURKEY<\/td>\n21-May<\/td>\n8.75%<\/td>\n-100<\/td>\n-325<\/td>\n24.00%<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n
SOUTH AFRICA<\/td>\n21-May<\/td>\n4.25%<\/td>\n-100<\/td>\n-225<\/td>\n6.75%<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n
PARAGUAY<\/td>\n21-May<\/td>\n1.25%<\/td>\n-100<\/td>\n-275<\/td>\n4.75%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
<\/div>\n
\u00a0<\/span>\u00a0\u00a0\u00a0www.CentralBankNews.info<\/a><\/span><\/div>\n
<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By CentralBankNews.info \u00a0 \u00a0 This week – May 17 through May 23 – central banks from 9\u00a0countries or jurisdictions are scheduled to decide on monetary policy: Jamaica, Indonesia, China, Thailand, Iceland, Zambia, Turkey, South Africa and\u00a0Paraguay. \u00a0 \u00a0 Originally the\u00a0central banks of Sri Lanka and the Philippines also were scheduled to hold\u00a0monetary policy meetings this […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-170673","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=170673"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170673\/revisions"}],"predecessor-version":[{"id":170693,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170673\/revisions\/170693"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=170673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=170673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=170673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}