Slovakia: NBS keeps rates unchanged
As expected the Slovak central bank today kept its key policy rate unchanged at 4.25%. It is now (nearly 100%) clear that Slovakia will join the euro area from January 2009, which means that the Slovak central bank (NBS) will have to bring interest rates down to the level of the ECB at 4.00%. The [...]
After the ECB meeting: Hawks spread wings
European Central Bank did not change interest rates, and this is hardly surprising. There must be, however, many disappointed faces (including the Italian Prime Minister Silvio Berlusconi) who had hoped for at least a vague sign of the future monetary easing. Nothing of that kind. President Trichet once again pointed to the threat of persistent [...]
Slovakia: NBS keeps interest rates unchanged as expected
As expected the Slovak central bank today kept its key policy rate unchanged at 4.25%. It is now (nearly 100%) clear that Slovakia will join the euro area from January 2009, which means that the Slovak central bank (NBS) will have to bring interest rates down to the level of the ECB at 4.00%. The [...]
Slovakia: NBS keeps rates unchanged
As expected the Slovak central bank today kept its key policy rate unchanged at 4.25%. It is now (nearly 100%) clear that Slovakia will join the euro area from January 2009, which means that the Slovak central bank (NBS) will have to bring interest rates down to the level of the ECB at 4.00%. The [...]
