Heads up Monday Asia trade, 3 central banks: Bank of Japan, People's Bank of China, RBA
<p>Its an active central bank calendar coming up on Monday, 20 March 2023 during the Asia session. </p><p>At 1810 US Eastern time the Reserve Bank of Australia:</p><ul><li> Christopher Kent, Assistant Governor (Financial Markets)</li><li>speaking on: "Long and Variable Monetary Policy Lags"</li></ul><p>Expectations are rising of an RBA pause at their next meeting, April 4:</p><ul><li><a href="https://ift.tt/4FT5mGk" target="_blank" rel="follow" data-article-link="true">Westpac forecast an RBA rate pause at the April 4 meeting</a></li></ul><p>But its not unanimous:</p><ul><li><a href="https://ift.tt/CzFe8Vm" target="_blank" rel="follow" data-article-link="true">ANZ maintain their forecast for an RBA rate hike at the April and May policy meetings</a></li></ul><p>At 1750 US Eastern time we get the 'Summary' from the BOJ March meeting. This was Bank of Japan Governor Kuroda's final meeting. Policy was left unchanged at this meeting:</p><ul><li><a href="https://ift.tt/ICgaAnY" target="_blank" rel="follow" data-article-link="true">Bank of Japan leaves policy unchanged, as widely expected</a></li></ul><p>At 2115 we get the monthly Loan Prime Rate (LPR) setting from the People's Bank of China. I posted a preview here:</p><ul><li><a href="https://ift.tt/SbnKqZQ" target="_blank" rel="follow">PBOC interest rate decision due on Monday</a></li></ul><p>On Friday the Bank dropped this in:</p><ul><li><a href="https://ift.tt/5ArCgKS" target="_blank" rel="follow">PBOC announces cut to banks' reserve requirement ratio by 25 bps</a></li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.
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