STATEMENT ON MONETARY POLICY – NOVEMBER 2008

Contents

Introduction

International and Foreign Exchange Markets

Box A: Developments in the US Federal Reserve's Instruments

Box B: US Dollar Swap Arrangements between Central Banks

International Economic Developments

Domestic Economic Conditions

Box C: The Exchange Rate and the Economy

Domestic Financial Markets

Price and Wage Developments

Economic Outlook

List of graphs

List of tables

The material in this Statement on Monetary Policy was finalised on 6 November 2008. The next Statement is due for release on 6 February 2009.

The Statement on Monetary Policy is published quarterly in February, May, August and November each year. All the Statements are available on the website when released and are reproduced in the following issue of the Bulletin. Expected release dates are advised ahead of time on the Bank’s website. For copyright and disclaimer notices relating to data in the Statement see the Bank’s website.

ISSN 1448–5133 (Print)
ISSN 1448–5141 (Online)

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