The Central Bank decided another rate hike, but it still continues to run from behind inflation
As the financial system shrank in relation to GDP, monetary policy has less and less weight in achieving its objective. Fixed term floor was 43.5% per annum
Faced with the rise in inflation, the Central Bank raised the interest rate again and brought it to 44.5%
It is the third time this year that the BCRA has raised the benchmark rate, which at the beginning of 2022 stood at 38%. The measure also aims to meet one of the commitments to the Monetary Fund: that deposits yield above inflation
The Fed's Monetary Policy and Modern Theory
The concern to begin to absorb excess liquidity in the US was overcome by the new international scenario
The Fed raised its rates little because of Ukraine but will pick up the pace (governor)
Brazil's central bank expects to continue to climb interest rate as inflation advances
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2020 By the Book -- IOC Hotel
(ATR) In this installment of By the Book, Around the Rings presents a look at venues plans of Istanbul, Madrid, and Tokyo for the 2020 IOC Hotel.