DailyMarkets.com - Monetary Policy Week In Review – Sept. 29, 2012: Global Growth Still Weak, Fresh Concern Over Hot Money

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• Monetary Policy Week In Review – Sept. 29, 2012: Global Growth Still Weak, Fresh Concern Over Hot Money
• Uruguay Raises Rate 25 Bps, Worried Over Inflation Threat
• Cardillo: “Next Week…probably A Calm Market”

Monetary Policy Week In Review – Sept. 29, 2012: Global Growth Still Weak, Fresh Concern Over Hot Money Posted: 29 Sep 2012 02:01 AM PDT     The past week in monetary policy saw interest rate decisions by 12 central banks around the world, with three banks (Hungary, the Czech Republic and Trinidad &Tobago) cutting rates, one bank (Uruguay) raising rates, and the remaining 8 (Israel, Georgia, Romania, Mauritius, Sierra Leone, Colombia, Albania and the Dominican Republic) keeping rates unchanged.     The interest rate cuts were in response to continued weakness in the global economy with … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Uruguay Raises Rate 25 Bps, Worried Over Inflation Threat Posted: 29 Sep 2012 12:49 AM PDT     The central bank of Uruguay raised its monetary policy rate by 25 basis points to 9.00 percent, concerned that actual inflation and inflationary expectations were well above the bank’s target range.     The uncertain global economy and worrying economic and financial situation in several European countries implies that international interest rates will remain extremely low for a considerable period, Banco Central del Uruguay (BCU) said in a statement following a … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Cardillo: “Next Week…probably A Calm Market” Posted: 28 Sep 2012 05:30 PM PDT 09/28/12 Rockwell Global Capital’s Peter Cardillo discusses next week’s hectic economic calendar. The new and quarter are sure to be heavy on event … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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