Saturday, December 1, 2012

DailyMarkets.com - Monetary Policy Week In Review – Dec. 1, 2012: Fresh Signs The Global Rate Cutting Cycle May Be Bottoming Out

DailyMarkets.com - Monetary Policy Week In Review – Dec. 1, 2012: Fresh Signs The Global Rate Cutting Cycle May Be Bottoming Out


Monetary Policy Week In Review – Dec. 1, 2012: Fresh Signs The Global Rate Cutting Cycle May Be Bottoming Out

Posted: 01 Dec 2012 07:33 AM PST

    Last week seven central banks took monetary policy decisions, with only one bank (Hungary) cutting policy interest rates while the remaining six (Angola, Israel, Albania, Thailand, Brazil and Mexico) maintained rates.
   Year-to-date, the 88 central banks followed by Central Bank News have cut rates about four times as often as they have raised rates. Policy rates have been cut 114 times and raised rates 28 times.
    There were further signs, … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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