{"id":57,"date":"2012-03-30T17:18:00","date_gmt":"2012-03-30T21:18:00","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/03\/monetary-policy-week-in-review-31-march-2012\/"},"modified":"2012-03-30T17:18:00","modified_gmt":"2012-03-30T21:18:00","slug":"monetary-policy-week-in-review-31-march-2012","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/03\/30\/monetary-policy-week-in-review-31-march-2012\/","title":{"rendered":"Monetary Policy Week in Review &#8211; 31 March 2012"},"content":{"rendered":"<div align=\"right\"><script type=\"text\/javascript\">\ntweetmeme_style = 'compact';\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\"><\/script><\/div>\n<p><span>The past week in monetary policy saw 5 banks announcing reductions to their official interest rates: Morocco -25bps to 3.00%, Belarus -200bps to 36.00%, Romania -25bps to 5.25%, Albania -25bps to 4.25%, and Kazakhstan -50bps to 6.50%. &nbsp;The Bank of Zambia also announced its new benchmark interest rate would be set at 9.00%. &nbsp;Those that held monetary policy settings unchanged were: Israel 2.50%, Turkey 5.75%, Hungary 7.00%, Georgia 6.50%, the Czech Republic 0.75%, South Africa 5.50%, and Uruguay 8.75%.<\/span><\/p>\n<div><a href=\"http:\/\/2.bp.blogspot.com\/-HpsUc-mlTGU\/T3Yh88Pj2HI\/AAAAAAAAAT8\/RfK55siuABg\/s1600\/Monetary+Policy+Rates+31+Mar+2012.jpg\" imageanchor=\"1\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" height=\"250\" src=\"http:\/\/2.bp.blogspot.com\/-HpsUc-mlTGU\/T3Yh88Pj2HI\/AAAAAAAAAT8\/RfK55siuABg\/s400\/Monetary+Policy+Rates+31+Mar+2012.jpg\" width=\"400\" \/><\/a><\/div>\n<p><span><\/span><br \/><a name='more'><\/a>Looking at the&nbsp;<a href=\"http:\/\/www.centralbanknews.info\/p\/central-bank-calendar.html\">central bank calendar<\/a><span><span>, the week ahead sees the central banks of Uganda, Australia, Kenya, Poland, the EU, and UK meeting to review monetary policy settings. &nbsp;The main market moving banks will be the RBA, ECB, and BoE, though none are likely to make any major moves. &nbsp;Elsewhere the US Federal Reserve&#8217;s FOMC releases its March meeting minutes on Tuesday, and the Swiss National Bank puts out its annual report on Thursday.<\/span><\/span><br \/><span><span><\/span><\/span><\/p>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td nowrap=\"\" width=\"66\">\n<div><span>Apr-02<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"76\">\n<div align=\"center\"><span>UGX<\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"119\">\n<div><span>Uganda<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"203\">\n<div><span>Bank of Uganda<o:p><\/o:p><\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"\" width=\"66\">\n<div><span>Apr-03<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"76\">\n<div align=\"center\"><span>AUD<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"119\">\n<div><span>Australia<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"203\">\n<div><span>Reserve Bank of Australia<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td nowrap=\"\" width=\"66\">\n<div><span>Apr-04<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"76\">\n<div align=\"center\"><span>KES<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"119\">\n<div><span>Kenya<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"203\">\n<div><span>Central Bank of Kenya<o:p><\/o:p><\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"\" width=\"66\">\n<div><span>Apr-04<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"76\">\n<div align=\"center\"><span>PLN<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"119\">\n<div><span>Poland<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"203\">\n<div><span>National Bank of Poland<o:p><\/o:p><\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"\" width=\"66\">\n<div><span>Apr-04<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"76\">\n<div align=\"center\"><span>EUR<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"119\">\n<div><span>Eurozone<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"203\">\n<div><span>European Central Bank<o:p><\/o:p><\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"\" width=\"66\">\n<div><span>Apr-05<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"76\">\n<div align=\"center\"><span>GBP<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"119\">\n<div><span>United Kingdom<o:p><\/o:p><\/span><\/div>\n<\/td>\n<td nowrap=\"\" width=\"203\">\n<div><span>Bank of England<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div><b>Source:<\/b>&nbsp;<a href=\"http:\/\/www.centralbanknews.info\/\">www.CentralBankNews.info<\/a><\/div>\n<div><span><span><br \/><b>Article source:&nbsp;<\/b><\/span><\/span><a href=\"http:\/\/www.centralbanknews.info\/2012\/03\/past-week-in-monetary-policy-saw-5.html\">http:\/\/www.centralbanknews.info\/2012\/03\/past-week-in-monetary-policy-saw-5.html<\/a><a href=\"http:\/\/www.centralbanknews.info\/2012\/03\/monetary-policy-week-in-review-17-march.html\"><\/a><\/div>\n<div><span><span><b><br \/><\/b><\/span><\/span><\/div>\n<div><span><span><b>IMPORTANT NOTICE: The Central Bank News website is presently for sale, if you are interested please click through for&nbsp;<a href=\"http:\/\/www.centralbanknews.info\/2012\/03\/central-bank-news-website-goes-up-for.html\">more details<\/a>.<\/b><\/span><\/span><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-2398696184478987737?l=www.centralbanknews.info\" alt=\"\" \/><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The past week in monetary policy saw 5 banks announcing reductions to their official interest rates: Morocco -25bps to 3.00%, Belarus -200bps to 36.00%, Romania -25bps to 5.25%, Albania -25bps to 4.25%, and Kazakhstan -50bps to 6.50%. &nbsp;The Bank of Zambia also announced its new benchmark interest rate would be set at 9.00%. &nbsp;Those that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/03\/30\/monetary-policy-week-in-review-31-march-2012\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Monetary Policy Week in Review &#8211; 31 March 2012&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-57","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/57","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=57"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/57\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=57"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=57"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=57"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}