TAILIEUCHUNG - Master of Science in Economics: Master of Science in Advanced Studies in Economics

order to combat rising inflationary pressures, monetary tightening remains In underway in the US. The Federal Open Market Committee has raised the target for the Federal Funds rate by ¼ point at each of its meetings since June 2004, to reach per cent in January 2006. This reflects a cumulative rise of 350 basis points. The ECB has also raised rates by 50 basis points since our last forecast, having held the interest rate on the main refinancing operations in the Euro Area stable at 2 per cent since June 2003. We have. | Master of Science in Economics Master of Science in Advanced Studies in Economics PhD in Economics Faculty of Economics and Business Discover KU Leuven Situated in the heart of Western Europe KU Leuven has been a centre of learning for nearly six centuries. Today it is Belgium s largest university. Founded in 1425 it is one of the oldest and most renowned universities in Europe. As a leading European research university and co-founder of the League of European Research Universities LERU KU Leuven offers a wide variety of programmes in English all supported by high-quality innovative interdisciplinary research. The university welcomes more than 40 000 students of which 16 are international students from more than 140 countries. KU Leuven s doctoral schools organise internationally oriented PhD programmes for over 4 000 doctoral students. The university is located in Flanders the Dutch-speaking part of Belgium. Leuven is a modern bustling and safe student city with a long and rich history. Cultural and recreational opportunities abound. KU Leuven s central location offers a truly international experience. Major European capitals such as Brussels Paris London and Amsterdam are only a very short train journey away.

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