Monetary Policy Week In Review – Jan. 5, 2013: Two Central Banks Hold Rates, See Positive Impact Of 2012 Cuts
Last week was quiet on the monetary policy front as only two central banks, the Dominican Republic and Uganda, took policy decisions. Both banks kept interest rates unchanged. The two central banks cut rates substantially last year and are now starting to see the positive economic impact of those cuts while inflationary [...]
Last week was quiet on the monetary policy front as only two central banks, the Dominican Republic and Uganda, took policy decisions. Both banks kept interest rates unchanged.
The two central banks cut rates substantially last year and are now starting to see the positive economic impact of those cuts while inflationary pressures remain low – a pattern that is likely to become one of the main themes of 2013.