Mexico Holds Rate, Repeats It Will Hike Rates If Inflation Rises Posted: 30 Nov 2012 07:08 AM PST Mexico’s central bank left its benchmark interest rate unchanged at 4.50 percent, as expected, but repeated its recent warnings that if inflation starts to accelerate it will raise interest rates. Banco de Mexico last changed its rate in June 2009. Mexico’s inflation rate eased to 4.6 percent in October from 4.8 percent the previous month, the highest level in 2-1/2 years. The central bank targets inflation of 3 percent, plus/minus one … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards  
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Central Bank News Link List – Nov 30, 2012: Leave “fairy World” Behind, Draghi Tells Euro Zone Posted: 30 Nov 2012 06:59 AM PST Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.) Leave “fairy world” behind, Draghi tells euro zone (Reuters) Japan’s Abe: Specific monetary steps for BOJ to decide (Reuters) ECB withholding secret Greek swaps file keeps taxpayers in dark … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards  
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Managing Volatility And Loving It Posted: 30 Nov 2012 06:50 AM PST The stock market can be a volatile place, which is why I often remind investors to "anticipate before you participate." To be profitable in investing over the long-term, I believe you must manage your short-term expectations. Nassim Nicholas Taleb's article in the Wall Street Journal, which was adapted from his new book, Antifragile: Things That Gain From Disorder, helps readers think differently about volatility. He argues that we "need things that gain from volatility, … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards  
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Commodities: Crude Oil, Gold Rise As Germany Approves Greek Deal Posted: 30 Nov 2012 05:06 AM PST Commodities are edging higher amid a broad pick-up in risk appetite after Germany approved the new Greece bailout deal. US "fiscal cliff" worries are now in focus. Talking Points Commodities Rise as Germany Approves New Greek Bailout Deal "Fiscal Cliff" Chatter in Focus on Hopes for Emerging Compromise Commodities are edging narrowly higher in European trade after Germany's legislature approved the Greek rescue deal unveiled earlier in the week, boosting overall risk appetite. … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards  
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Washington: Not Serious About The Deficit Posted: 30 Nov 2012 03:58 AM PST Where is Pete Peterson when we really need him? While America is fed a daily diet of fiscal diarrhea from the politicians and their spokesmen, Peterson remains one of the few adults in and around Washington when it comes to the topic of confronting the fiscal cliff and more importantly our fiscal deficit. "Fiscal diarrhea, LD? Did you have to go there, especially on a Friday morning?" Yes, fiscal diarrhea. How else is one to describe the package left for us recently by Treasury Secretary … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards  
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