Monetary Policy Week In Review – Dec. 15, 2012: Two Central Banks Cut, 12 On Hold As Inflationary Risks Subside Posted: 15 Dec 2012 09:28 AM PST Last week 15 central banks took monetary policy decisions, with two banks cutting rates (Sri Lanka and Pakistan), one bank raising rates (Serbia) and 12 banks (Russia, Indonesia, West African States, Mozambique, United States, Iceland, Namibia, Chile, Korea, Switzerland, the Philippines and Fiji) keeping policy rates unchanged. Year-to-date, policy rates have been cut 120 times by the 88 central banks followed by Central Bank News compared with 30 rate rises, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards  |
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