By Central Bank News (Guest Post)
Over the past week there were 6 central banks announcing monetary policy decisions. Only Kenya (+175bps to 8.00%), and Taiwan (12.5bps to 1.875) increased interest rates. Meanwhile the central banks of Israel (3.25%), Albania (5.25%), Romania (6.25%), and Russia (8.25%) all held monetary policy settings unchanged. Also of interest in central banking news was the announcement from the BIS [Bank for International Settlements] around increasing capital requirement regulations for globally systemically important banks. The BIS also featured in the news as it stressed…
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