(Following item has been updated with news from the Central Bank of Sri Lanka, which will release its monetary policy review for March on Wednesday, March 18.)
This week (March 16 through March 21) central banks from 11 countries or jurisdictions are scheduled to decide on monetary policy: Japan, Turkey, Indonesia, Sri Lanka, Iceland, United States, Norway, Switzerland, Chile, Colombia and Pakistan.
Following table includes the name of the country, its MSCI classification, the date the policy decision will be announced, the current policy rate, and the rate one year ago.
COUNTRY | MSCI | LATEST | DATE | CURRENT RATE | 1 YEAR AGO |
JAPAN | DM | UNCH. | N/A | N/A | N/A |
TURKEY | EM | UNCH. | 7.50% | 7.50% | 10.00% |
INDONESIA | EM | UNCH. | 7.50% | 7.50% | 7.50% |
SRI LANKA | FM | 18-Mar | 6.50% | 6.50% | |
ICELAND | 18-Mar | 5.25% | 6.00% | ||
UNITED STATES | DM | 18-Mar | 0.25% | 0.25% | |
NORWAY | 19-Mar | 1.25% | 1.50% | ||
SWITZERLAND | DM | 19-Mar | -0.75% | 0.25% | |
CHILE | EM | 19-Mar | 3.00% | 4.00% | |
COLOMBIA | EM | 20-Mar | 4.50% | 3.25% | |
PAKISTAN | FM | 21-Mar | 8.50% | 10.00% |
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