Statement on Monetary Policy February 2009

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• Introduction
• International Economic Developments
• International and Foreign Exchange Markets
• Box A: Volatility in Global Financial Markets
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• Domestic Economic Conditions
• Domestic Financial Markets
• Box B: An International Comparison of Pass-through of Policy Rate Changes to Housing Loan Rates
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• Price and Wage Developments
• Economic Outlook
• Box C: Climate Change Mitigation Policy and the Macroeconomy
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• List of graphs
• List of tables

The material in this Statement on Monetary Policy was finalised on 5 February 2009.

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