This week in monetary policy: Israel, Paraguay, Poland, Hungary, Iceland, Guatemala, South Korea & Gambia

     This week - August 23 through August 28 - central banks from 8 countries or jurisdictions are scheduled to decide on monetary policy: Israel, Paraguay, Poland, Hungary, Iceland, Guatemala, South Korea and Gambia.

      The week wraps up with the annual economic symposium hosted by the Federal Reserve Bank of Kansas City in Jackson Hole, in the U.S. state of Wyoming. 

     Due to COVID-19, the symposium will held virtually with remarks by Fed Reserve Chair Jerome Powell live-streamed at 10 EST on Friday, Aug. 27.

     The theme of this year's symposium is macroeconomic policy in an uneven economy.

     Following table includes the name of the country, the date of the next policy decision, the current policy rate, the local time a policy decision is announced, the result of the last policy decision, the change in the policy rate year to date, and the rate one year ago.
    The table is updated when the latest decisions are announced and can always be accessed by clicking on This Week.

WEEK 34
AUG 23 - AUG 28, 2021
ISRAEL	23-Aug	0.10%	16:00	0	0	0.10%	DM
PARAGUAY	23-Aug	0.75%		0	0	0.75%
POLAND	24-Aug	0.10%				0.10%	EM
HUNGARY	24-Aug	1.20%		30	60	0.60%	EM
ICELAND	25-Aug	1.00%		25	25	1.00%	EM
GUATEMALA	25-Aug	1.75%		0	0	1.75%
SOUTH KOREA	26-Aug	0.50%		0	0	0.50%	EM
GAMBIA	26-Aug	10.00%		0	0	10.00%

 

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