DailyMarkets.com - Central Bank News Link List – June 14, 2012

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• Central Bank News Link List – June 14, 2012
• Let’s Legalize It: Bone Marrow
• SNB Pledges To Keep Defending Upper CHF Limit
• Philippines Keeps Key Rate Steady At 4 Pct

Central Bank News Link List – June 14, 2012 Posted: 14 Jun 2012 05:52 AM PDT     Here’s today’s Central Bank News link list, click through if you missed the previous central bank news link list.  Remember, if you want to submit links for inclusion in the daily link list, just email them through to us or post them in the comments section below.       ECB rules out higher inflation in periphery adjustment (Reuters) Egypt May Keep Interest Rates on Hold as Inflation Slows (Bloomberg)  Rate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Let’s Legalize It: Bone Marrow Posted: 14 Jun 2012 05:43 AM PDT NBC’S “Rock Center with Brian Williams” features a segment on tonight’s show (10 p.m.) about the Institute for Justice’s legal challenge to the outdated federal law (National Organ Transplant Act in 1984, sponsored by Al Gore and Orrin Hatch) that makes it illegal to receive compensation for bone marrow.  Watch a preview above.   Note: Bone marrow isn’t even an organ, it’s a “sponge-like tissue found in the center of certain bones”; so why was it even included in the “National … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

SNB Pledges To Keep Defending Upper CHF Limit Posted: 14 Jun 2012 05:31 AM PDT     The central bank of Switzerland will continue to defend its upper limit on the Swiss franc’s exchange rate against the euro and also keep its borrowing target unchanged, as expected.      The Swiss National Bank (SNB) said the Swiss franc was still high and it would not tolerate further appreciation as this would have a serious impact on both prices and the Swiss economy. The bank said it was ready to buy foreign currency in “unlimited quantities” to defend … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Philippines Keeps Key Rate Steady At 4 Pct Posted: 14 Jun 2012 04:55 AM PDT     The central bank of the Philippines left its key policy rate unchanged at 4 percent as inflation expectations remain firmly anchored amidst an improving domestic economy.     The monetary board of Bangko Sentral ng Pilipinas said in a statement that the latest forecasts call for inflation to remain in the lower half of the bank’s 3-5 percent target range for 2012 and 2013 and a weak global economy could further dampen oil and commodity prices in coming months.   … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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