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 Armenia 8.00%. Also making the news during the week in central banking was reports that Iran's central bank had raised interest rates, and the resignation of Swiss National Bank Chairman, Philipp Hildebrand.
Monetary Policy Week in Review - 14 Jan 2012
Posted by centralbanknews under NewsFrom http://www.centralbanknews.info 4511 days ago
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