Monetary Policy Week In Review – Dec. 29, 2012: One Bank Cuts, Boosting 2012′s Rate Cuts To 127 Vs 31 Rate Rises Posted: 29 Dec 2012 06:46 AM PST Last week five central banks took monetary policy decisions, with one bank (Israel) cutting its rates, one (Uruguay) raising its rates and the other three banks (Botswana, Albania and Angola) leaving rates on hold, wrapping up a year dominated by monetary easing, whether through conventional or unconventional means. During 2012 policy rates have been cut 127 times by the 88 central banks followed by Central Bank News compared with just 31 rate rises, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards  |
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