Trinidad and Tobago aims to stay a step ahead of the Fed
Central Bank of Trinidad and Tobago has raised interest rates in preparation for Fed lift-off
It is important the Central Bank of Trinidad and Tobago remains a step ahead of the curve when it comes to tightening monetary policy, its governor, Jwala Rambarran, has told Central Banking.
The monetary policy committee has steadily increased its policy rate since September 2014, from 2.75% to 4.5%, often citing "forward guidance" from the Federal Reserve as a motivating factor behind its decisions.
"We have started raising our policy rate in preparation for when the Fed interest rate lifts
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