Barbadian governor proposes adopting new policy rate

central-bank-barbados

The Central Bank of Barbados should abandon its key policy rate and focus on intervening in the market for government debt, according to its governor DeLisle Worrell.

Worrell and four other senior members of staff – Michelle Doyle-Lowe, Anton Belgrave, Darrin Downes and Kester Guy – have released a working paper calling for a radical change in the central bank's conventional monetary policy framework.

At present, the central bank's main policy tool is the minimum deposit rate; the minimum rate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: