Monetary Policy Week in Review - 18 February 2012

From centralbanknews.info

The past week in monetary policy saw 3 monetary policy interest rate changes; Kazakhstan -50bps to 7.00%, Sweden -25bps to 1.50%, and Ghana +100bps to 13.50%. Meanwhile the central banks of Pakistan 12.00%, Japan 0.10%, Chile 5.00%, and Georgia 6.50% all held interest rates unchanged. The other key headline was the Bank of Japan expanding its quantitative easing program by another 10 trillion Yen to 65 trillion. The Reserve Bank of India also mad a technical adjustment to one of its old policy rates. Following are some of the key quotes and comments from the central bankers that met to review monetary ... (full story)