DailyMarkets.com - Monetary Policy Week In Review – 5 Dec 2010
DailyMarkets.com - Monetary Policy Week In Review – 5 Dec 2010 |
- Monetary Policy Week In Review – 5 Dec 2010
- ‘It’s Ugly Out There’
- More Stimulus Means Fewer Jobs In The U.S.
| Monetary Policy Week In Review – 5 Dec 2010 Posted: 04 Dec 2010 07:01 PM PST This week saw interest rate reviews from a variety of economies, including some key emerging Asia economies, but also one of the biggest developed economic regions. Those that hiked rates included: Pakistan +50bps, Hungary +25bps, Thailand +25bps, and while it didn’t review the Selic rate, the Banco Central do Brasil increased the reserve requirements on term deposits to 20% from 15%, and demand deposits to 12% from 8% in effort to address rising inflation and overheating risks. Meanwhile … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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| Posted: 04 Dec 2010 05:32 PM PST It’s the most wonderful time of the year.
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| More Stimulus Means Fewer Jobs In The U.S. Posted: 04 Dec 2010 05:01 PM PST Friday’s payroll report severely disappointed on the downside and left economists scratching their heads to explain the weakness. The explanation, however, is plain as day. As I have been saying for years, the US economy will not create jobs as long as the Fed keeps interest rates artificially low, and Congress keeps stimulating spending and consumer debt, punishing employers with mandates, regulations, and taxes, crowding out private investment with massive government borrowing, and … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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