Showing posts with label Interest rates. Show all posts
Showing posts with label Interest rates. Show all posts

Thursday, September 29, 2011

XLD Doesn't Want To Create Poverty-Level Jobs

That's what he said in a wide-ranging interview to Karishma Beeharee on Radio+ 10 days ago. He also thought that interest rates spreads are prohibitively high and reminded the audience that the Bank of Mauritius is an independent institution.

With respect to the alphabet soup of funds created by Rama Sithanen XLD highlighted an interesting point: these were not created by a faster-growing economy but with borrowed funds.

Finally, he didn't think too much of the unique skills that the MMM said it can bring to the Ministry of Finance.

Saturday, April 9, 2011

ECB Hike Rates And Hints More on The Way

Main policy rate increased by 25 basis points on Thursday because of upside risks to inflation through second-round effects even though Europe is battling with a sovereign-debt crisis.

Find out more about the Monetary Policy of the ECB.