By Central Bank News (Guest Post)
We took a look at the monetary policy interest rate activity of the world’s central banks during the first half of 2011. The key takeaway is that monetary policy tightening has been the dominant game for most emerging market central banks in the first half of the year, however the majority of central banks are still in the no-change camp. Indeed of the 79 central banks that Central Bank News monitors, 33 made net increases to their interest rates, while 40 held their rates net unchanged, and only 6 made net reductions to their policy interest rates. Of…
***This is a preview. Please go to http://www.econmatters.com, or mobile reader http://bit.ly/dianchu-mobile for full content. ****
