The minutes, released today, revealed that the board had chosen a quarter percentage rise rather than half a percentage point, despite its belief that the inflation outlook had worsened since the previous meeting in December.
"Global credit and equity markets, which the board cons
- Central banks may be thinking wrongly about inflation – Borio
- European Commission announces supervisory agency reforms
- Bank of Russia will be able to handle fallout from failing banks, analysts say
- Riksbank outlines three visions of ‘e-krona’
- All central banks may have to consider crypto-currencies – BIS