Tuesday, March 17, 2015

UPDATE-This week in monetary policy: Japan, Turkey, Indonesia, Sri Lanka, Iceland, U.S., Norway, Switzerland, Chile, Colombia and Pakistan

    (Following item has been updated with news from the Central Bank of Sri Lanka, which will release its monetary policy review for March on Wednesday, March 18.)

    This week (March 16 through March 21) central banks from 11 countries or jurisdictions are scheduled to decide on monetary policy: Japan, Turkey, Indonesia, Sri Lanka, Iceland, United States, Norway, Switzerland, Chile, Colombia and Pakistan.
    Following table includes the name of the country, its MSCI classification, the date the policy decision will be announced, the current policy rate, and the rate one year ago.

COUNTRY MSCI  LATEST              DATE   CURRENT  RATE         1 YEAR AGO
JAPAN DM UNCH.                  N/A                  N/A                  N/A
TURKEY EM UNCH. 7.50% 7.50% 10.00%
INDONESIA EM UNCH. 7.50% 7.50% 7.50%
SRI LANKA FM 18-Mar 6.50% 6.50%
ICELAND 18-Mar 5.25% 6.00%
UNITED STATES DM 18-Mar 0.25% 0.25%
NORWAY 19-Mar 1.25% 1.50%
SWITZERLAND DM 19-Mar -0.75% 0.25%
CHILE EM 19-Mar 3.00% 4.00%
COLOMBIA EM 20-Mar 4.50% 3.25%
PAKISTAN FM 21-Mar 8.50% 10.00%



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