Central bank at crossroads
- Never know what you're going to get. Shockley, Paul // Warsaw Business Journal;1/14/2002, Vol. 8 Issue 2, p2
Discusses the January 9, 2001 meeting attended by monetary policymakers and government officials after weeks of public feuding over interest rate cuts. Government threats of new legislation that would hike the number of the Monetary Policy Council; Government's aim to simulate the economy;...
- New Polish MPC Holds Key. // Emerging Markets Monitor;9/8/2003, Vol. 9 Issue 21, p15
Reveals that the new National Bank of Poland's monetary policy council will slash interest rates in early 2004. Current account deficit of the country; Growth in exports.
- Poland: Further Monetary Easing. // Emerging Markets Monitor;6/29/2009, Vol. 15 Issue 13, p13
The article presents an outlook for Poland's monetary policy as of June 2009. A decision was made by the National Bank of Poland (NBP) to reduce 25 basis points off the reference rate at its June 24, 2009 monetary policy meeting. The move puts the main policy rate now at 3.50 percent. It is...
- The effect of the Federal Reserve interest rate policies on the returns of commercial banks stocks. Ghazanfari, F. Phillip; Rogers, Henry Charles; Sarmas, Paul // Journal of Financial Services Marketing;May2007, Vol. 11 Issue 4, p349
This study uses a sample of 272 banks to examine the effect of the Federal Reserve's interest rate change on the banksï¿½ stocks. For that purpose, two events of change in interest rate were selected. The event s tudy is used to determine abnormal returns, which are then explained by a set of...
- BoK Reluctant To Raise Rates Further. // Asia Monitor: China & North East Asia Monitor;Feb2007, Vol. 14 Issue 2, p11
The article reports that the Bank of Korea (BoK) decided to suspend the increase in interest rates. Instead, BoK just planned of controlling loan growth and property price inflation to tighten domestic monetary conditions. The market conditions remain loose due to increasing property values and...
- Colombian Rate Cuts. // Emerging Markets Monitor;3/1/2004, Vol. 9 Issue 44, p11
Deals with the move of Colombia central bank to cut interest rates as of March 2004. Reason for the move of the central bank; Appreciation of the country's currency against the U.S. dollar; Inflation rate in the country.
- Interest rate changes-- too many or too few? // Bank of England Quarterly Bulletin;2007 2nd Quarter, Vol. 47 Issue 2, p300
In this speech, Kate Barker, member of the Bank's Monetary Policy Committee, discusses some issues around the timing of Bank Rate changes; in particular how different types of uncertainty would suggest more, or Less, aggressive policy responses to news. She goes on to consider how the MPC has...
- Indonesia: BI Cuts, More To Come. // Emerging Markets Monitor;7/10/2006, Vol. 12 Issue 14, p10
Reports on the decision of Bank of Indonesia (BI) to reduce its interest rate. Threats to the inflation target and policy path of BI; Plans of the bank for more reduction; Benefits of the reduction to the economic activities.
- Construction continues to fuel local economy. Lundin, Martha; Moore, Philip S. // Inside Tucson Business;12/19/2005, Vol. 15 Issue 27, pS5
The article focuses on the innovation in local economy of Tucson, Arizona. According to Chuck Luhtala, chief credit officer of Canyon Community Bank, the interest rates are now pretty interesting. The federal funds rate reached to 4.25 percent, the highest level in more than four years, which...