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He cut the central bank free from the rest of the Government.
At one point, the central bank thought the figure should be 100 percent.
The increase was the second in six weeks by the central bank.
Pressure is building for the central bank to do more.
But the central bank is not likely to take that step.
The next day, officials met in the central bank to try to figure out what to do.
"The feeling on the Street is that the central bank has to act."
She was the first woman to head a European central bank.
The role of central banks is the other major issue.
The central bank cut interest rates early in the month.
Exactly how much power will the new European central bank have?
The central Bank took over production of paper money in 1984.
The meeting brought together top officials from more than 80 central banks.
The central bank has raised rates 10 times over the past 14 months.
The central bank might find such reasons later this week.
Then there is the issue of the European central bank.
And this means a new role for the central banks.
It is thus one of the world's most important central banks.
The central bank has also raised interest rates six times in the last year, though with little effect.
At least for the time being, the central bank can afford to leave things as they are.
They are now 5.5 percent, and the central bank is still expected to remain on hold for some time.
It is true that the new central bank will be independent.
But perhaps this time the central banks really mean it.
The central bank has had four presidents in the last 20 months.
For the first time this year, the nation's central bank increased two important interest rates.