Monetary Policy Week in Review - 26 May 2012

The past week in monetary policy saw 9 central banks reviewing interest rate settings. Three central banks reduced their monetary policy interest rates: Vietnam cut another -100 basis points to 12.00%, Denmark trimmed -10 basis points to 0.60%, and Georgia cut -25bps to 6.00%. Meanwhile those that held interest rates unchanged were: Nigeria 12.00%, the Czech Republic 0.75%, South Africa 5.50%,...