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Friday, May 18th

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Central Bank News

(FED) Minutes of the Federal Open Market Committee September 20-21, 2011

Developments in Financial Markets and the Federal Reserve's Balance Sheet

The Manager of the System Open Market Account (SOMA) reported on developments in domestic and foreign financial markets during the period since the Federal Open Market Committee (FOMC) met on August 9, 2011.

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Bank of England Maintains Bank Rate at 0.5% and Increases Size of Asset Purchase Programme by £75 billion to £275 billion

The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to increase the size of its asset purchase programme, financed by the issuance of central bank reserves, by £75 billion to a total of £275 billion.

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(ECB) Introductory Statement to the Press Conference, 6 October 2011

Jean-Claude Trichet, President of the ECB,
Vítor Constâncio, Vice-President of the ECB,
Berlin, 6 October 2011

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(RBA) Monetary Policy Statement by Glenn Stevens, Governor

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

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(FED) FOMC Statement September 21, 2011

Information received since the Federal Open Market Committee met in August indicates that economic growth remains slow. Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated.

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