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Official Record

ECB Monthly Bulletin: April 09

The flow of loans to non-financial corporations and households has remained very subdued, says the latest Monthly Bulletin from the European Central Bank.

Central Bank of Sri Lanka - Annual Report 2008

Sri Lanka's economy demonstrated its resilience by recording growth of 6% in 2008 amid unprecedented and unfavourable developments globally and domestically, the country's central bank's latest Annual Report notes.

Depth of Icelandic cut limited on krona concern

Members of the Central Bank of Iceland's monetary policy committee decided unanimously to cut the key policy rate by a full percentage point to 17% but resisted a steeper move owing to caution about the impact on the currency, the minutes for the 17 and…

Turkey justifies cut to record low

The Central Bank of Turkey cut rates by 100 basis points to an all-time low earlier this month on signs that the global economic outlook continued to deteriorate and the depression was expected to be long lasting, the minutes for the 19 March meeting…

Japanese outlook grim

Economic conditions have deteriorated significantly and are likely to continue doing so for the time being, notes the Bank of Japan in its latest Monthly Report on economic and financial developments.

BoE unanimous on March decision

The minutes from the March meeting of the Bank of England's Monetary Policy Committee show members voted unanimously to cut bank rate by 50 basis points to a fresh all-time low of 0.5% and to buy £75 billion-worth ($104.8 billion) of assets using central…

Report offers praise for derivatives players

A report from a group of central banks and financial regulators finds that financial-services firms, dealers, buy-side companies and service providers managed their credit derivatives in an orderly manner with no major operational disruptions or…

Fed's Beige Book: economy deteriorating

The latest edition of the Federal Reserve's Beige Book, a guide to business conditions in the 12 districts overseen by the regional Feds, indicates that economic activity deteriorated further in January and February.

Turkey justifies steep cut

The Central Bank of Turkey cut rates by 150 basis points last month on signs that inflation would undershoot its 7.5% target for this year, the minutes for the 19 February meeting reveal.

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