Monetary Policy Week in Review - 3 March 2012

The past week in monetary policy saw interest rate decisions announced by 6 central banks, with those changing rates including: Tajikistan -80bps to 9.00%, Philippines -25bps to 4.00%, and Uganda -100bps to 21.00%. Those that held monetary policy rates unchanged were: Israel at 2.50%, Angola at 10.25%, and Hungary at 7.00%. The European Central Bank also completed its second LTRO, with 529.5...