Central bank latest news

Here are some of the latest news and updates from central banks around the world:

Federal Reserve (USA)

• The Federal Reserve has kept interest rates unchanged, citing a strong labor market and low inflation.
• The Fed has also announced plans to reduce its balance sheet by $95 billion per month, starting in May.
• The Fed's latest economic projections show that it expects the economy to grow at a pace of 2.1% in 2023, down from 2.3% in 2022.

European Central Bank (ECB)

• The ECB has kept interest rates unchanged, citing a strong economy and low inflation.
• The ECB has also announced plans to end its asset purchase program in June, which has been in place since 2015.
• The ECB's latest economic projections show that it expects the eurozone economy to grow at a pace of 1.7% in 2023, down from 1.9% in 2022.

Bank of England (BoE)

• The BoE has kept interest rates unchanged, citing a strong economy and low inflation.
• The BoE has also announced plans to reduce its bond-buying program by £10 billion per month, starting in May.
• The BoE's latest economic projections show that it expects the UK economy to grow at a pace of 1.3% in 2023, down from 1.5% in 2022.

Bank of Japan (BoJ)

• The BoJ has kept interest rates unchanged, citing a strong economy and low inflation.
• The BoJ has also announced plans to continue its asset purchase program, which has been in place since 2013.
• The BoJ's latest economic projections show that it expects the Japanese economy to grow at a pace of 1.1% in 2023, down from 1.3% in 2022.

People's Bank of China (PBOC)

• The PBOC has cut interest rates for the first time in three years, citing a slowing economy and low inflation.
• The PBOC has also reduced the reserve requirement ratio for commercial banks, to help stimulate lending and economic growth.
• The PBOC's latest economic projections show that it expects the Chinese economy to grow at a pace of 5.5% in 2023, down from 6.1% in 2022.

Reserve Bank of Australia (RBA)

• The RBA has kept interest rates unchanged, citing a strong economy and low inflation.
• The RBA has also announced plans to continue its bond-buying program, which has been in place since 2016.
• The RBA's latest economic projections show that it expects the Australian economy to grow at a pace of 2.5% in 2023, down from 2.7% in 2022.

Swiss National Bank (SNB)

• The SNB has kept interest rates unchanged, citing a strong economy and low inflation.
• The SNB has also announced plans to continue its currency intervention program, which has been in place since 2011.
• The SNB's latest economic projections show that it expects the Swiss economy to grow at a pace of 1.5% in 2023, down from 1.7% in 2022.

These are just a few examples of the latest news and updates from central banks around the world.