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Monetary policy

Bank could have cut by 200bp

Members of the Bank of England's Monetary Policy Committee, who shocked markets earlier this month when they slashed rates by 150 basis points, had considered an even bigger cut.

ECB's Bini Smaghi: Europe must liberalise

Lorenzo Bini Smaghi, a member of the European Central Bank's executive board, has claimed that rigid European labour and product markets hamper the ability of economic policies to foster growth.

BoJ minutes: growth sluggish

Japan's economic growth has been sluggish, reflecting earlier rises in energy and materials prices and weaker exports, say the minutes of the Bank of Japan's Monetary Policy Council meeting on 6 and 7 October.

Blanchflower: I told you so on rate cut

David Blanchflower, an external member of the Bank of England's Monetary Policy Committee (MPC), criticised his fellow committee members for not taking a forward-looking approach, which meant rates had stayed too high too long.

ECB communicates well

European Central Bank's (ECB) monetary policy communication is clear in about 95% of cases, finds a new paper from the International Monetary Fund.

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