DailyMarkets.com - Bank Of Israel Cuts Policy Rate 25 Bps To 2.25%

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Bank Of Israel Cuts Policy Rate 25 Bps To 2.25% Posted: 25 Jun 2012 08:03 AM PDT    The Bank of Israelcut its interest rate by 25 basis points to 2.25 percent to help ward off any negative effects on the economy from developments in Europe. A decline in inflation to below the center of the bank’s target range gave the bank room to cut, the bank said, adding the rate cut was expected by most forecasters.     “The interest rate reduction will contribute to strengthening the Israeli economy’s ability to deal with the impact of potential … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Euro Slips As Japanese Yen Rebounds Amid Rising Italian And Spanish Yields Posted: 25 Jun 2012 06:38 AM PDT Fundamental Headlines - BRICs Biggest Currency Depreciation since 1998 to Worsen – Bloomberg - Central Banks Commit to Ease as Threat of Lost Decades Rises – Bloomberg - Spain Requests EU Aid, Market Hopes Dim – Reuters - Basel Bank Official Warns on Stimulus Measures – WSJ - Challenges Await New Egypt Leader – WSJ Asian/European Session Summary Despite a quizzically strong rally into the US cash equity session close on Friday, it appears that a bout of asset reallocation in the Asian … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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