Interest rates
ECB keeps rates steady despite growth fears
As expected, the Governing Council of the European Central Bank held interest rates steady (at its March 15 meeting yesterday) undeterred by weak share markets and dimming euro zone growth prospects.
BOJ cuts rates on weak economy, deflation fears
The Bank of Japan surprised financial markets and pleased politicians on Feb 28, 2001 by cutting its key interest rates in response to a sudden turn for the worse in the world's second-largest economy.
'Credit, Interest Rates, Open Economy' - ed.Rochon
"Credit, Interest Rates and the Open Economy: Essays on Horizontalism" is a new book edited by Louis-Philippe Rochon and Matias Vernengo. Published by Edward Elgar, February 2001, 296 pp, Hardback, 1 84064 098 7, £59.95, $90.00.