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Reserve Bank of Australia Financial Stability Review Says the financial system was in a strong starting position heading into the virus impacts and faces increased risks. 

People's Bank of China  ForexLive

BOJ Gov Kuroda speech text released by the Bank Yen is a few ticks weaker. It should be zero surprise that Kuroda reiterates his commitment to easy policy. 

Bank of Korea (BOK) monetary policy decision for April – base rate 0.75% – unchanged The previous month's decision was a 50bp cut. Expectations for April were fairly evenly split between those expecting a further 25bp cut and those expecting on hold (slightly more were expecting on hold than cut, but the margin was slim). 

Robert Kaplan is president and CEO of the Federal Reserve Bank of Dallas. Headlines via Reuters  That array of main points on his outlook are mainly uncontroversial, his GDP projections are probably inaccurate … which is not a criticism, I don't know how anyone is coming up with these forecasts with much degree of certainty [&he

ECB President Lagarde  – says full alignment of fiscal and monetary policies needed in coronavirus crisis; solidarity is self-interest – says vital that the fiscal response to this crisis is undertaken with sufficient force in all parts of the euro area Managing the fiscal response of all the independent states in the EU is a [

The piece is about the Reserve Bank of Australia but its discussion of quantitative easing via a central bank buying government bonds has wider applicability. Its not overly detailed, but it does cover the essential very well and understandably.

<p>RBA said Australia’s financial system faces “increased risks” from the coronavirus pandemic, but it’s “well placed to manage them”. The systems enters the challenging period in a “strong starting position”. “Capital levels are high and the banks’ liquidity position has improved co

<p>BoJ Governor Haruhiko Kuroda said in the regional branch manager meeting that “the spread of the coronavirus is having a severe impact on Japan’s economy through declines in exports, output, demand from overseas tourists and private consumption.” And, “the economic outlook is extremely uncertain.” “For t

<p>FOMC minutes noted that “all participants viewed the near-term U.S. economic outlook as having deteriorated sharply in recent weeks and as having become profoundly uncertain.” Hence, “almost all members agreed to lower the target range for the federal funds rate to 0 to 1/4 percent.” “With regard to monetary p