Speech by the Governor of Danmarks Nationalbank

SPEECH - Speech by Governor Bodil Nyboe Andersen of Denmark's central bank at the Annual Meeting of the Danish Bankers Association on 5 December.

In 2001, Danish monetary and foreign-exchange policy have been very undramatic, but elsewhere in the world, monetary policy has held centre stage. This applies especially to the USA, where the Federal Reserve has been extremely active, lowering interest rates on ten separate occasions in 2001 in order to stimulate economic activity. During the year, the

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