Monetary Policy Week in Review - 15 October 2011

The past week in monetary policy featured monetary policy decisions from 12 central banks around the world. Those that increased interest rates were: Nigeria +275bps to 12.00% and Belarus +500bps to 35.00%. Meanwhile those that reduced interest rates were: Pakistan -150bps to 12.00%, and Indonesia -25bps to 6.50%. Those that held interest rates unchanged included: Sri Lanka 7.00%, Kazakhstan...