DailyMarkets.com - Monetary Policy Week In Review – Sept 1, 2012: Brazil Nears End To Easing Cycle

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Monetary Policy Week In Review – Sept 1, 2012: Brazil Nears End To Easing Cycle Posted: 01 Sep 2012 09:33 AM PDT    The past week in monetary policy saw interest rate decisions by six central banks around the world, with two (Brazil and Hungary) cutting rates, three banks (Israel, Norway and Georgia) keeping rates unchanged while Tunisia cut its rates.     Of special note was Brazil's latest cut in interest rates and the bank's message that the end to its year-long rate cutting campaign is drawing near.    LAST WEEK'S MONETARY POLICY … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

US Unemployment Due To Cyclical, Not Structural Reasons – Jackson Hole Paper Posted: 01 Sep 2012 08:00 AM PDT     The high number of unemployed, a politically charged issue in the U.S. presidential campaign, is mainly due to the depth of the economic slump following the financial crises rather than structural factors, according to a paper presented to the Jackson Hole Symposium.     And even the large number of long-term unemployed, which exceeds that of previous recessions, is caused by the severity of the recession not by structural factors that are beyond the reach of central … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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