DailyMarkets.com - Monetary Policy Week In Review – Jan. 26, 2013: Pure Inflation Targeting Crumbles Further, 9 Banks Hold Rates

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• Monetary Policy Week In Review – Jan. 26, 2013: Pure Inflation Targeting Crumbles Further, 9 Banks Hold Rates
• Trinidad & Tobago Holds Rate, Economy Still Needs Support
• Smartphones Brace For Growing Pains, ‘Unfriendships’ In Social Media

Monetary Policy Week In Review – Jan. 26, 2013: Pure Inflation Targeting Crumbles Further, 9 Banks Hold Rates Posted: 26 Jan 2013 06:33 AM PST     The global trend toward flexible monetary policy and away from a singular focus on inflation accelerated this week as the Bank of Japan doubled its inflation target, the Bank of Canada delayed an rise in interest rates, the Bank of England governor said it was time to review the policy framework and a Riksbank board member called for a macroprudential framework that would help ensure financial stability.     Two forces are driving this change in monetary policy. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Trinidad & Tobago Holds Rate, Economy Still Needs Support Posted: 26 Jan 2013 04:17 AM PST     Trinidad & Tobago’s central bank held its benchmark repo rate steady at 2.75 percent, saying the accommodative policy stance was still necessary to sustain the gradual recovery amid stable inflation and subdued demand for credit.     The Central Bank of Trinidad & Tobago, which cut its rate by 25 basis points in 2012, said the annual inflation rate slowed further to 7.2 percent in December from November’s 8.1 percent and last year’s high of 12.6 percent in May. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Smartphones Brace For Growing Pains, ‘Unfriendships’ In Social Media Posted: 25 Jan 2013 04:24 PM PST 01/26/13 The global smartphone market is maturing, and the major players are not immune from growing pains. Facebook and Twitter joust and jostle in social media … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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