Brazil inflation rate climbs after interest rate cut

Brazil's inflation rate has spiked to its highest level in more than six years. This follows a surprise 0.5% interest rate cut at the end of August. The central bank cited a "substantial deterioration" in the global economy in cutting rates to 12%. Some economists think the bank's action was premature.

"The interest rate cut came too soon," said Oxford Economic's Lloyd Barton. "It's acting as a trigger for a decline in the exchange rate, and that is exacerbating the central bank's problem with inflation."

http://www.bbc.co.uk/news/business-15218174

Monetary policy mindmap

http://www.mindomo.com/view.htm?m=5b285a3bbd80484a8e65f22f0a7c9e43

The effects of increased interest rates in UK economy

Another useful essay from Economicshelp -

http://econ.economicshelp.org/2007/05/essay-effects-of-increased-interest.html

 more advice on this - http://www.economicshelp.org/macroeconomics/toolkit.html

Video clip of Tejvan explaining the effect of a cut in interest rates -

http://www.youtube.com/watch?v=vt-soFYVoD8

Video clip of Tejvan explaining - will interest rate cuts help the economy?

http://www.youtube.com/watch?v=lOzNOOm_17o&list=UUBr2W3nb0jPSnommNbbpMAw&index=13&feature=plcp

How the MPC sets interest rates

Useful essay from economicshelp -

http://econ.economicshelp.org/2007/09/how-mpc-set-interest-rates.html

Video on Monetary Policy

From Bryn Jones (2mins 40s) showing the effect on AD -

http://www.youtube.com/watch?v=kQnAmjo1RYw

Bank of England website

With particular reference to the Monetary Policy Committee.

http://www.bankofengland.co.uk/monetarypolicy/index.htm

Video - how the Bank manages inflation (1min 55s) -

http://www.bankofengland.co.uk/education/filmsgames/howdoesthebankmanageinflation.htm

Monetary policy mindmap

http://www.mindomo.com/view.htm?m=5b285a3bbd80484a8e65f22f0a7c9e43

Bank holds interest rates at 0.5%

UK interest rates have been held at their record low of 0.5% by the Bank of England's Monetary Policy Committee. Interest rates have been kept at 0.5% since March 2009.

http://www.bbc.co.uk/news/business-16529313

Q - Discuss the impact of an increase in interest rates

Useful explanation of a possible exam question from economicshelp -

 http://www.economicshelp.org/macroeconomics/toolkit.html

ECB monetary policy game

Many thanks to Ollie Hill for this link.

http://www.ecb.europa.eu/ecb/educational/html/index.en.html

Monetary policy mindmap

http://mindomo.com/view.htm?m=5b285a3bbd80484a8e65f22f0a7c9e43

Monetary Policy presentation

http://www.tutor2u.net/economics/presentations/aseconomics/macro/MonetaryPolicy/default.html

Quantitative easing explained

The BBC's Hugh Pym breaks down what quantitative easing means and why it's happening.

http://news.bbc.co.uk/1/hi/business/7927137.stm

Plus some other video links on this topic.

Interest rate cut: How your mortgage repayments will fall

Following the Bank of England's decision to cut its base rate by another half a percentage point to 1pc, our table shows how much lower your mortgage repayments will be for loans of between £30,000 and £250,000.

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/4523278/Interest-rate-cut-How-your-mortgage-repayments-will-fall.html

Monetary policy presentation

http://www.tutor2u.net/economics/presentations/aseconomics/macro/MonetaryPolicy/default.html

Monetary policy mindmap

http://mindomo.com/view.htm?m=5b285a3bbd80484a8e65f22f0a7c9e43

Using monetary policy to reduce unemployment

Monetary policy effectively means changing interest rates to influence aggregate demand, economic growth and therefore demand for workers.
http://www.economicshelp.org/blog/unemployment/reducing-unemployment-by-using-monetary-policy/

Monetary policy - how far should interest rates fall?

In recession it is good to cut interest rate, but to how far should interest rate be cut? What are the disadvantages of cutting interest rate?
http://www.economicshelp.org/2008/10/how-much-should-interest-rates-fall.html

short video on how the Bank of England manages inflation

http://www.bankofengland.co.uk/education/filmsgames/index.htm

Bank of England notes on monetary policy

Bank of England notes on monetary policy, the whys and hows of it
http://www.bankofengland.co.uk/monetarypolicy/how.htm