Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Fed’s Anna Paulson Signals Rate Cuts May Come Later as Inflation Cools and Labor Market Stabilizes 
South Korea Vows Action to Stabilize Won as Currency Weakens Despite Strong Fundamentals 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Minutes of the February policy meeting of the Reserve Bank of Australia:
- AUD still above most estimates of fundamental value
- Board discussed case for waiting until March to cut rates
- Decided a February easing allowed additional early communication in the quarterly SoMP
- Lower a$ needed for economy, further sustained fall would lift growth and inflation
- Board noted a$ would be affected by monetary policy expectations at home and abroad
- Revival in non-mining investment necessary for above-trend growth, but confidence lacking
- Pick up in household consumption also needed, lower fuel prices to help offset soft wages
- Unemployment expected to peak later and little higher than previously forecast
- Spare capacity, productivity growth had lowered unit labour costs and inflation outlook
- Housing market would bear careful watching given rising prices, investment lending
- Uncertain on outlook for chinese property market, impact on commodity demand
Full text is here: Minutes of the Monetary Policy Meeting of the Reserve Bank Board
