What's been happening to interest rates?

Article Abstract:

The movements regarding UK interest rates cut by a quarter point' being a headline in the Financial Times on 10 July 2003, which is considered to the decision by the Monetary Policy Committee of the Bank of England (MPC) for reducing interest rates is highlighted. The policy implications for interest rates are discussed, revealing that they generally follow the direction of change in the official rate though the change is not one-for-one.

Government expenditures, Interest Rates, Economic policy

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Section 4: the monetary system: the pensions business--what's the problem?

Article Abstract:

The different types of pension provision are discussed. The article covers 'pay as you go' schemes, funded pension schemes with defined benefits and funded pension schemes with defined contributions.

Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Defined benefit plans, Defined contribution plans

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The design of policy regimes: central bank independence

Article Abstract:

The impact of independence of Bank of England, on monetary reforms, is examined.

Analysis, Monetary policy

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