Wednesday, February 13, 2013

DailyMarkets.com - Sweden Keeps Rate, Sees Low Rate Till ’14 And Positive Signs

DailyMarkets.com - Sweden Keeps Rate, Sees Low Rate Till ’14 And Positive Signs

Sweden Keeps Rate, Sees Low Rate Till ’14 And Positive Signs

Posted: 13 Feb 2013 01:04 AM PST

    Sweden’s central bank held its benchmark repo rate steady at 1.0 percent, saying there were positive signs of stronger economic activity but the interest rate needs to remain at this low level over the coming year to support the economy and ensure that inflation rises to the bank’s target.
    The Riksbank, which cut rates by 75 basis points in 2012, said a low repo rate for the next year should help push up inflation toward 2 percent by mid-2014 but it also cautioned … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Armenia Holds Rate Steady, Sees Inflation Around Target

Posted: 13 Feb 2013 12:31 AM PST

     Armenia’s central bank held its benchmark refinancing rate steady at 8.0 percent, saying inflation should rise in the first half of this year to stabilize around the bank’s 4.0 percent target over its 12-month forecast horizon.
    The Central Bank of Armenia (CBA), which has held its rate steady since September 2011, said in a statement from Feb. 12 that it expects the global economy to slowly recover while the prices of raw materials and food remain relatively … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Feb.13, 2013: Canada’s Carney Wants G7 FX Commitment To Expand To G20

Posted: 12 Feb 2013 11:59 PM PST

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

Canada’s Carney wants G7 FX commitment to expand to G20 (Reuters)
BOJ may raise view of economy (dow jones)
Fed’s Lockhart: No in a currency war in any sense (MNI)
Analysis: US mon pol at heart of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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