{"id":26236,"date":"2011-12-27T16:24:00","date_gmt":"2011-12-27T21:24:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2011\/12\/27\/what-will-2012-bring-for-global-monetary-policy\/"},"modified":"2011-12-27T16:24:00","modified_gmt":"2011-12-27T21:24:00","slug":"what-will-2012-bring-for-global-monetary-policy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/12\/27\/what-will-2012-bring-for-global-monetary-policy\/","title":{"rendered":"What Will 2012 Bring for Global Monetary Policy?"},"content":{"rendered":"<p>The year of 2011 was an interesting and <a href=\"http:\/\/www.centralbanknews.info\/2011\/09\/top-10-most-extreme-monetary-policy.html\">eventful year in monetary policy<\/a>. &nbsp;As the chart below shows, the GDP weighted average interest rate of central banks crept up in the first half of the year as commodity prices remained&nbsp;buoyant, economic recoveries showed signs of gaining momentum, and inflation was the key concern in emerging markets. &nbsp;But this was then followed by a reversal in course in the later part of the year as the&nbsp;specter&nbsp;of the European debt crisis and slowing global growth raised downside risks for growth and price stability, spurring central bankers to cut rates and otherwise ease policy settings.<\/p>\n<div><a href=\"http:\/\/2.bp.blogspot.com\/-MqUv_cvD7u4\/Tvo1ghxmAcI\/AAAAAAAAAMU\/aSmh4E_hL90\/s1600\/2011+Monetary+Policy+Interest+Rate+Moves.jpg\" imageanchor=\"1\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" height=\"282\" src=\"http:\/\/2.bp.blogspot.com\/-MqUv_cvD7u4\/Tvo1ghxmAcI\/AAAAAAAAAMU\/aSmh4E_hL90\/s400\/2011+Monetary+Policy+Interest+Rate+Moves.jpg\" width=\"400\" \/><\/a><\/div>\n<p><a name='more'><\/a>So as we enter 2012, it is a worthy and formidable question to ask what will 2012 bring for global monetary policy? Will it be a one way road to lower interest rates as emerging markets like China start to loosen policy? Will there be more non-conventional policy moves like quantitative easing in the US or EU? Or will inflation and growth actually surprise to the upside and catch central bankers off guard?<\/p>\n<p>At this point we turn it over to our loyal readers to come up with their own predictions for monetary policy in 2012. &nbsp;<b>Please submit your top 5 predictions for monetary policy and central banking in 2012<\/b> in the <a href=\"http:\/\/www.centralbanknews.info\/2011\/12\/what-will-2012-bring-for-global.html#comment-form\">comments<\/a> below, or <a href=\"http:\/\/www.centralbanknews.info\/p\/contact.html\">email<\/a> them to us. &nbsp;We will post a follow up article with the most popular and controversial predictions, with due attribution and links to blogs where appropriate (or no attribution for those who wish to remain anonymous).<\/p>\n<p>Permalink:&nbsp;<a href=\"http:\/\/www.centralbanknews.info\/2011\/12\/what-will-2012-bring-for-global.html\">http:\/\/www.centralbanknews.info\/2011\/12\/what-will-2012-bring-for-global.html<\/a><\/p>\n<div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-3796891220751395992?l=www.centralbanknews.info\" alt=\"\" \/><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The year of 2011 was an interesting and eventful year in monetary policy. &nbsp;As the chart below shows, the GDP weighted average interest rate of central banks crept up in the first half of the year as commodity prices remained&nbsp;buoyant, economic recoveries showed signs of gaining momentum, and inflation was the key concern in emerging &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/12\/27\/what-will-2012-bring-for-global-monetary-policy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What Will 2012 Bring for Global Monetary Policy?&#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-26236","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=26236"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26236\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=26236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=26236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=26236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}