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Policy ponder: central banks head for the Portuguese hills

From reuters.com

The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the coming week, but there is little they can do to get away from their differing monetary policy conundrums. As the global financial crisis slowly fades from the rear-view mirror, the world's biggest central banks are struggling to decide how and when and what speed they can begin returning their monetary policy settings to something like normality. The highlight of the European Central Bank's "Forum on Central Banking" in Sintra -- the old getaway of Portuguese monarchs -- is likely to be ... (full story)

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