Monetary Policy Annoucement
28 September 2020
Monetary Policy Announcement - September 2020
Globally, there is little sign of an overall deceleration in the pace of infections of the Covid-19 virus. The economies of many developed and developing countries contracted in the second quarter of 2020, despite significant fiscal and monetary policy actions as authorities implemented restrictions to curb the spread of the virus.
28 September 2020
Monetary Policy Announcement - June 2020
In the context of the global pandemic situation, at its mid-March 2020 meeting the Monetary Policy Committee (MPC) of the Central Bank of Trinidad and Tobago lowered the Repo rate by an unprecedented 150 basis points, and reduced the reserve requirement by 3 per cent to 14 per cent of banks’ deposit liabilities.
28 September 2020
Monetary Policy Announcement - March 2020
Central Bank Reduces Repo Rate by 150 Basis Points; Lowers Reserve Requirement by 3 per cent
28 September 2020
Monetary Policy Announcement - December 2019
Global growth softened towards the end of 2019, with the International Monetary Fund (IMF) lowering its annual projection to 3.0 per cent, 0.2 per cent below its mid-year estimate.
28 September 2020
Monetary Policy Announcement - September 2019
International economic conditions remain delicate amidst rising global risks. In addition to ongoing trade tensions between the United States and China, rising geopolitical pressures in the Middle East threaten stability in oil markets, while Brexit discussions in the UK are coming to a head.
28 September 2020
Monetary Policy Announcement - June 2019
International economic prospects appear less optimistic since the last meeting of the Monetary Policy Committee (MPC) in March 2019
28 September 2020
Monetary Policy Announcement - March 2019
The growth momentum internationally appears to be slowing. In the United States, the Federal Reserve’s continued pause in rate hikes and its evaluation of some sluggishness in the US economy has already had a profound effect on financial markets.
28 September 2020
Monetary Policy Announcement - December 2018
In October 2018, the International Monetary Fund lowered its global growth forecasts for both 2018 and 2019.
28 September 2020
Monetary Policy Announcement - September 2018
Rising trade tensions threaten the medium-term growth outlook, and the resumption of interest rate rises in the United States (US) and the prospect for further increases will affect international financial markets in coming months.
28 September 2020
Monetary Policy Announcement - June 2018
Global growth prospects continued to strengthen since the last meeting of the Monetary Policy Committee (MPC) in March 2018.
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