Posts Tagged ‘Monetary’
“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”
- Murray Rothbard
I keep trying to find [...]
The past week in monetary policy saw interest rate decisions announced by 8 central banks, with 4 of those announcing interest rate cuts, reflecting the ongoing European sovereign debt crisis and slowing global growth. Those announcing interest rate cuts were Brazil -50bps to 10.50%, Georgia -25bps to 6.50%, Philippines -25bps to 4.25%, and Serbia -25bps [...]
The past week in monetary policy saw interest rate decisions announced by 11 central banks, with just one announcing a change in rates (Chile -25bps to 5.00%). Those that held rates unchanged were: Sri Lanka 7.00%, Poland 4.50%, Kenya 18.00%, the EU 1.00%, UK 0.50%, Indonesia 6.00%, South Korea 3.25%, Mozambique 15.00%, Peru 4.25%, and [...]
The past week in central banking and monetary policy was relatively quiet, with just 5 central banks announcing interest rate decisions. Those changing interest rate settings were: Romania -25bps to 5.75%, Bangladesh +50bps to 7.75%, and Cape Verde +150bps to 5.75%. Those that held rates unchanged were Uganda at 23.00%, and Trinidad & Tobago at [...]
The past week in monetary policy saw 8 interest rate changes announced among the 12 central banks that met to review policy settings. Of those changing interest rates, those that increased rates were: Uganda +300bps to 23.00%, Kenya +550bps to 16.50%, and Iceland +25bps to 4.75%. Meanwhile those that cut rates were: Australia -25bps to [...]
The past week in monetary policy saw 15 central banks announce interest rate decisions. Those that increased interest rates were: India +25bps to 8.50%, and Mongolia +50bps to 12.25%, while those that decreased interest rates were: The Gambia -100bps to 14.00%, Sierra Leone -300bps to 20.00%, and Georgia -25bps to 7.25%. Also announced was Angola’s [...]
The past week in monetary policy saw interest rate decisions announced by 7 central banks. The only bank to announce a change to its main monetary policy interest rate was the Banco Central do Brasil, which cut its interest rate by another 50 basis points to 11.50%. Meanwhile the other central banks held their key [...]
The past week in monetary policy saw 12 central banks reviewing monetary policy settings, with 6 adjusting interest rates. Those that changed interest rates were: Albania -25bps to 5.00%, Uganda +400bps to 20.00%, Kenya +400bps to 11.00%, Vietnam +100bps to 15.00%, Serbia -50bps to 10.75%, and Rwanda +50bps to 6.50%. Those that held rates unchanged [...]
The past week in monetary policy saw 13 central banks review interest rate levels and monetary policy settings. Those that changed rates were: Belarus +300bps to 30.00%, Kenya +75bps to 7.00%, and India +25bps to 8.25%. Russia and Denmark also adjusted the bands of their deposit and lending rates, while holding their main rates steady. [...]
The past week in central banking saw interest rate announcements from 17 central banks around the world. Just 4 of those central banks announced changes to interest rates: Armenia cut by -50bps to 8.00%, Tunisia cut by -50bps to 3.50%, and Serbia cut by -50bps to 11.25%, while Uganda increased by +200bps to 16.00%. Meanwhile [...]
