Saturday, February 2, 2013

DailyMarkets.com - Monetary Policy Week In Review – Feb. 2, 2013: Seven Of 13 Central Banks Cut Rates As Inflation Remains Subdued

DailyMarkets.com - Monetary Policy Week In Review – Feb. 2, 2013: Seven Of 13 Central Banks Cut Rates As Inflation Remains Subdued

Monetary Policy Week In Review – Feb. 2, 2013: Seven Of 13 Central Banks Cut Rates As Inflation Remains Subdued

Posted: 02 Feb 2013 05:18 AM PST

    Last week 13 central banks took monetary policy decisions, with seven (Angola, Mongolia, Colombia, India, Hungary, Albania and Bulgaria) cutting key interest rates and six banks [[Egypt]] keeping rates on hold.
    With central banks still easing policy amid subdued inflation, last year's global trend of declining interest rates continues unabated, with the average policy rate by the 90 central banks followed by Central Bank News down to 5.88 percent at the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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