Saturday, November 24, 2012

DailyMarkets.com - Monetary Policy Week In Review – Nov. 24, 2012: Three Of Six Central Banks Ease As Global Uncertainty Continues

DailyMarkets.com - Monetary Policy Week In Review – Nov. 24, 2012: Three Of Six Central Banks Ease As Global Uncertainty Continues

Monetary Policy Week In Review – Nov. 24, 2012: Three Of Six Central Banks Ease As Global Uncertainty Continues

Posted: 24 Nov 2012 08:12 AM PST

    Last week six central banks took monetary policy decisions, with two cutting policy interest rates (Colombia and Georgia) and the remaining four (Japan, Turkey, Nigeria and South Africa) keeping rates unchanged.
     Although Turkey kept is benchmark rate unchanged, it placed itself in the easing camp by reducing the short-term lending rate, further narrowing its interest rate corridor to 4.0 percentage points.
    So far this year, policy … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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