United Kingdom | Wednesday, 3 December 2008

Monetary Articles

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1. IMF readies emergency bailouts
The International Monetary Fund said on Thursday it was ready to lend to countries hit by the global credit crunch and had activated an emergency financing mechanism first used in the 1990s Asian crisis.
10 Oct 2008
2. MPC in three way vote on interest rates
The Bank of England's interest rate setting Monetary Policy Committee (MPC) voted 7-1-1 to keep interest rates at five per cent in July.
23 Jul 2008
3. Study links IMF loans to tuberculosis
Austerity measures attached to International Monetary Fund (IMF) loans may have contributed to a resurgence in tuberculosis in eastern Europe and the former Soviet Union, researchers said on Tuesday.
22 Jul 2008
4. IMF warns economy in "tough spot"
The International Monetary Fund on Thursday revised up estimates it made in April for global growth this year and next but coupled it with stern warnings that demand was slowing sharply in major industrial economies and inflation rising everywhere.
17 Jul 2008
5. Bank policymakers soothe rate concerns
Bank of England policymakers calmed market expectations of early interest rate rises, saying on Thursday that they wanted to avoid a marked economic slowdown which might pull the inflation rate below target.
26 Jun 2008
6. IMF "humbled" by credit crisis failures
The International Monetary Fund on Tuesday said it had been "humbled" by its failure to spot the full scale of the U.S. subprime mortgage housing problems and its potential to spread to other markets.
07 Apr 2008
7. Darling says IMF downgrade not surprising
Chancellor Alistair Darling said the International Monetary Fund's decision to downgrade to growth forecasts was "not surprising" but reiterated economic fundamentals were sound.
07 Apr 2008
8. IMF chief says global intervention needed on credit crisis
Government intervention at a worldwide level is needed to address the credit crisis, the head of the International Monetary Fund said on Monday.
07 Apr 2008
9. All MPC wanted Feb cut
All nine members of the Bank of England's Monetary Policy Committee backed lower interest rates this month with arch-dove David Blanchflower calling for a precautionary half-point cut.
20 Feb 2008
10. Bank cuts rates but warns on inflation
The Bank of England trimmed interest rates on Thursday to help shore up the economy but policymakers remain worried about inflation, dampening hopes of rapid fire rate cuts.
07 Feb 2008
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