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The central bank has lifted interest rates steadily in the past year and is expected to do so again later this month.
That would have pushed up yields, which move inversely to price, and lifted interest rates across the economy, from business loans to fixed rate mortgages.
Australia, by contrast, lifted interest rates to a 12-year high to slow raging inflation.Monoline insurer Ambac will not split its healthy municipal bond business from its troubled structured finance arm, sources said.
The People's Bank of China raised their reserve requirements this month for the fourth time this year and lifted interest rates in October for the first time since 2007.
They were in the stadium yesterday, as was Whitehead's pregnant fiancee, to see him secure an extraordinary victory that, along with Hannah Cockcroft's gold medal, seems to have lifted interest in these Games to another level.
Last month, his new central bank governor, Gideon Gono, lifted interest rates to roughly the level of inflation, choked the money supply and told the worst banks and asset-management firms to expect tighter regulation, and no bail-outs if they go bust.That pushed some institutions to the verge of collapse.
Similar(52)
The Bank of England's monetary policy committee lifts interest rates.
It's all part of a process of withdrawing government money even before lifting interest rates.
Mr Reading argues that the BoJ should lift interest rates back to normal levels soon.
This further strengthens the case for the Fed to lift interest rates soon.
Inflation started to rise, leading the central bank to lift interest rates.
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