Sunday, October 21, 2012

DailyMarkets.com - Monetary Policy Week In Review – Oct. 20, 2012: Interest Rates Still Heading Lower As Thailand And Turkey Trim Rates

DailyMarkets.com - Monetary Policy Week In Review – Oct. 20, 2012: Interest Rates Still Heading Lower As Thailand And Turkey Trim Rates

Monetary Policy Week In Review – Oct. 20, 2012: Interest Rates Still Heading Lower As Thailand And Turkey Trim Rates

Posted: 20 Oct 2012 05:52 PM PDT

The past week in monetary policy saw interest rate decisions by four emerging market central banks, with Thailand cutting its rates, Chile and Egypt holding rates steady, and Turkey holding rates but effectively easing policy by trimming the top rate of its interest rate corridor.
     Thailand's rate cut was the only real surprise, with the bank seeking to bolster domestic demand to make up for exports that are suffering from weaker global demand. 
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