Bank of Japan extends virus-linked lending programme
ECB kept its key interest rate unchanged at minus-0.5%
Bank’s asset purchase program now exceeds $900 billion
The total asset purchase program now stands at $1.52 trillion.
U.S. central bank officials have rejected negative interest rates.
The Bank of England expects the U.K. economy to shrink by 14% this year.
ECB says ready to reload in fight against virus impact
Bank of Japan expands easing measures, cuts growth forecast
Bank of Japan expands easing measures, cuts growth forecast
ECB says could accept 'junk' bonds as collateral for loans
ECB eases bank funding rules in 'unprecedented' step
The Fed has rolled out another barrage of programs to help markets battle the impact of coronavirus.
U.S. stocks plunged on Monday despite massive stimulus package from Fed
U.S. stocks dropped on Monday despite massive stimulus package from the Fed
The Fed made its second emergency rate cut in less than two weeks, lowering the benchmark borrowing rate to a range of 0-0.25 percent, where it was during the 2008 global financial crisis.
The Bank of England cut rates to record lows on Wednesday.