Monetary Policy
| MPC Press Release - September 2009 |
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Ladies and Gentlemen, you are all welcome to this Monetary Policy Committee press briefing. On the domestic front, we have begun to see some signs of stabilization in the third quarter of the year, an indication that the effects of both monetary and fiscal policies are beginning take hold. The latest surveys show more positive assessment of the general macroeconomic outlook; and a rebound in both business and consumer confidence, with some downward revision of inflation expectations.
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