What is PBOC base rate?

Define PBOC Base Rate. means the prevailing official lending rate per annum, as promulgated and announced by PBOC for term loans with a tenor of 1 year to 5 years, for the first Interest Period in respect of a Loan, on the first Utilisation Date of that Loan, and for any following Interest Periods, on the last Interest Payment Date. Browse

What are BOC interest rate decisions?

Regular BOC interest rate decisions disseminate information on the health of the Canadian economy and policy expectations. AUD/USD is one of the most liquid and widely traded currency pairs. In this article, we look at basics of trading it from both the fundamental and technical analysis perspectives.

How many basis points has the BOC matched the FED rate rises?

So far the BoC has matched the 300 basis points of Fed rate rises since March. The U.S. central bank has hiked by 75 basis points at three consecutive meetings and is likely to do so again at its next one.

What is BOC monetary policy?

The bank’s stated objective is to preserve the value of money by keeping inflation low, stable and predictable. The BOC monetary policy framework consists of two main components, the inflation-control target and the flexible exchange rate.