It’s over.
After weeks of acrimonious fighting, Martín Redrado, the central bank president who President Cristina Fernández has been attempting to fire , accepted defeat.
Some background for those who haven’t been [...]
From the paper:
India’s central bank took steps on Friday to exit the loose monetary policy it adopted during the global financial crisis, as it tried to steady inflation expectations without [...]
The central bank has cut all its key rates by 50bp, following similar cuts last month, but warned of ‘limited room for manoeuvre’ if access to foreign capital markets is [...]
Rising inflation has made an rate rise even more likely at next week’s central bank meeting. Expectations are about 0.25 percentage point, which would take the cash rate to 4 [...]
The Central Bank of Kenyan has kept the central bank rate at 7 per cent in spite of falling inflation and rising growth. Inflation has fallen dramatically, partly because of [...]
Comments from South Africa’s central bank governor reveal fierce disagreement among board members on whether to hold or cut the repo rate.
Governor Gill Marcus said:”It was not a unanimous decision. [...]
Poland’s central bank held the benchmark seven-day reference rate at 3.5 per cent for the seventh month, as expected. The Bank noted risks for the global recovery as central banks [...]
The Malaysian central bank has kept the overnight policy rate at 2 per cent. In an upbeat statement, the Bank said inflation had turned positive, the economy was expanding, and [...]
From the paper:
Will the real president of Argentina’s central bank please step forward.
Two men were on Monday claiming the title. One was Martín Redrado, a former investment banker who has [...]
In the ongoing battle between the central bank and the government, it appears the government has taken the advantage. Bank president Martin Redrado, 48, was prevented from entering the central [...]