Comment: Busy week for policymakers

- Central Banking staff
- 07 Mar 2006

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This week is a busy one for monetary policymakers, with policy meetings taking place in Japan, the United Kingdom, Canada, Australia, New Zealand and Indonesia. Here is a brief look at what's been on the mind of central bankers in these countries.

COMMENT BY CENTRALBANKNEWS

Bank Indonesia defied political pressure yesterday and left rates at 12.75% for a third consecutive month. The central bank did, however, suggest that the next move in interest rates would be downwards. Rates were hiked by 1.25

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