DailyMarkets.com - Monetary Policy Week In Review – 26 Dec 2010

---

Monetary Policy Week In Review – 26 Dec 2010 Posted: 25 Dec 2010 04:48 PM PST The central banks of Hungary, Japan, Poland, the Czech Republic, Georgia, Uruguay, Russia, and China all announced monetary policy rate decisions in the past week. The main standout was the People’s Bank of China, which raised interest rates 25bps, lifting the 1-year lending rate to 5.81% and the 1-year deposit rate to 2.75%. Another notable was Russia, which kept the refi rate at 7.75% but increased the overnight deposit rate by 25bps to 2.75%. Another interesting move was the Magyar Nemzeti … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Holiday Blogging Depression Posted: 25 Dec 2010 01:40 PM PST Suzanne gave me a Christmas tree ornament today that said "Born to Blog." She said the clerk told her that for some reason she hadn't sold many of those. Of course, it isn't true for me or I wouldn't spend so much time in Block City. I probably should heed the advice of Tanya Tucker, who, in another context, sang "If it don't come easy, you better let it go." I keep hoping for the Sara Evans result. To paraphrase Sara, "I keep hoping to win you over with 'three chords and … [visit site to read more] or compare Best Credit Cards and Best CD Rates

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610