DailyMarkets.com - South Africa Holds Rate, Inflation Risks Limits Rate Cuts

---

• South Africa Holds Rate, Inflation Risks Limits Rate Cuts
• Xu Xiaonian Speaks ‘Sense On Cents’
• Latvia Keeps Interest Rate Steady, Sees No Risk To Inflation

South Africa Holds Rate, Inflation Risks Limits Rate Cuts Posted: 24 Jan 2013 06:31 AM PST     South Africa’s central bank held its benchmark repurchase rate steady at 5.0 percent and said a deterioration in the outlook for inflation had limited the bank’s ability to ease its policy.     The South African Reserve Bank (SARB), which cut rates by 50 basis points in 2012, said its current policy stance was “accommodative and appropriate” with the real policy rate slightly negative, notwithstanding the temporary breach of the inflation target.     “However, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Xu Xiaonian Speaks ‘Sense On Cents’ Posted: 24 Jan 2013 06:04 AM PST Who would have thought that we would or should need to navigate to The People's Republic of China to gain a basic understanding  of how to grow our economy but let's do just and meet Xu Xiaonian of the China Europe International Business School. What is the CEIBS vision? To become the most respected international business school by linking East and West in teaching, research, and business practice and by promoting China's social and economic development through high-impact … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Latvia Keeps Interest Rate Steady, Sees No Risk To Inflation Posted: 24 Jan 2013 05:08 AM PST     Latvia’s central bank kept its benchmark refinancing rate steady at 2.5 percent, saying there were no risks to price stability in the medium term as economic growth was expected to ease in 2013 even if domestic demand and consumption should rise moderately due to higher incomes.     The Bank of Latvia, which cut its rate by 100 basis points last year, forecast inflation in 2013 of 2.0 percent and economic growth of 3.6 percent, mainly due to external risks and delayed … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610