accountThe past week in monetary policy saw just three central banks meeting to review monetary policy settings. Israel held its interest rate at 2.75%, and Taiwan held its interest rate at 1.875% during its quarterly interest rate review, while Uruguay bucked the trend, lifting its interest rate 75 basis points to 8.75% as inflation proved the greater risk.
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Reactions to Monetary Policy Week in Review - 31 Dec 2011
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