Monetary Policy

Japanese policy makers clash over economy

JAPAN - Japanese policy makers are increasingly clashing on how to fix the nation's moribund economy, with the finance minister issuing a clear call for re-inflating the economy by actively boosting price levels, even as the central bank decided not to…

Greenspan upbeat on economy

US - Prospects for the future of the US economy have been "scarcely diminished" by the 11 September attacks, Federal Reserve chairman Alan Greenspan has said.

Deadline passes for banks to meet new rules

BRAZIL - Last Friday 12 October saw the passage of the deadline for banks to meet the decision of the National Monetary Council (CMN), taken at its last meeting, demanding that the institutions have more equity to meet operations with foreign exchange…

BOE Oct minutes: MPC voted 8-1 to cut repo rate

UK - The Bank of England's Monetary Policy Committee voted 8-1 to cut the repo rate by a quarter percentage point to 4.5% in October, just weeks after it had cut rates by an equal amount in a 7-2 vote, according to minutes of those meetings released…

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