Search: CGFS
RBA Glossary definition for CGFS
CGFS – Committee on the Global Financial System. A committee of the BIS which seeks to support central banks in developing appropriate policy recommendations in relation to financial stability, intermediation and transparency.
Search Results
References
21 Dec 2022
RDP
2022-08
CGFS (Committee on the Global Financial System) (2018), Financial Stability Implications of a Prolonged Period of Low Interest Rates, CGFS Papers No 61, Bank for International Settlements, Basel. ... CGFS (2019), Unconventional Monetary Policy Tools: A
https://www.rba.gov.au/publications/rdp/2022/2022-08/references.html
The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
In some jurisdictions, banks have increased fees to offset the cost of the ELB (CGFS 2019). ... International evidence suggests complete pass-through of negative policy rates to money market rates (CGFS 2019).
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
Investigating the ‘Reversal Rate’ in Australia
21 Dec 2022
RDP
2022-08
Central banks that have implemented negative rates state that negative rates have ‘contributed to the achievement of their policy goals’ (CGFS 2019), suggesting that they do not perceive the reversal rate
https://www.rba.gov.au/publications/rdp/2022/2022-08/investigating-the-reversal-rate-in-australia.html
The Literature through the Lens of Banks' Balance Sheets
21 Dec 2022
RDP
2022-08
In some jurisdictions, banks have increased fees to offset the cost of the ELB (CGFS 2019). ... International evidence suggests complete pass-through of negative policy rates to money market rates (CGFS 2019).
https://www.rba.gov.au/publications/rdp/2022/2022-08/the-literature-through-the-lens-of-banks-balance-sheets.html