Analysts: Central banks poles apart on interest rates


  • Business
  • Saturday, 02 Feb 2008

FRANKFURT: Leading central banks, which have pulled together to tackle the global credit crunch over the past six months, have shown far less co-ordination over monetary policy. 

Central banks of the United States, Europe and Japan jealously guard their own turf, setting or adjusting interest rates with a view to conditions in their domestic economies. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’
US existing-home sales decline as rates keep buyers sidelined
1Q GDP growth likely to have accelerated to 3.9%
MARC: Room to improve current account balance

Others Also Read