Monetary Policy Week in Review - 7 Jan 2012

The past week in central banking and monetary policy was relatively quiet, with just 5 central banks announcing interest rate decisions. Those changing interest rate settings were: Romania -25bps to 5.75%, Bangladesh +50bps to 7.75%, and Cape Verde +150bps to 5.75%. Those that held rates unchanged were Uganda at 23.00%, and Trinidad & Tobago at 3.00%. Also making news was the signing into...