Thursday, February 28, 2013

DailyMarkets.com - Zambia Holds Rate Steady, Sees Inflation Risks Moderating

DailyMarkets.com - Zambia Holds Rate Steady, Sees Inflation Risks Moderating

Zambia Holds Rate Steady, Sees Inflation Risks Moderating

Posted: 27 Feb 2013 07:48 PM PST

    Zambia’s central bank held its policy rate steady at 9.25 percent, saying in a brief statement that it had  noted the moderation in inflationary risks to inflation in March “mainly due to continued improvement in the supply of maize to millers by the Food Reserve Agency coupled with the expected increase in fish supply follow the lifting of annual fishing ban.”
    The Bank of Zambia, which raised its policy rate by 25 basis points in 2012, also said a stable supply … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Leap Motion Gears Up For Its Launch

Posted: 27 Feb 2013 06:21 PM PST

02/27/13 The Leap Motion technology can be at your fingertips in a few short weeks. The 3D gesture control sensor is scheduled to set hands waving in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Just What We Need: A Stressed Consumer

Posted: 27 Feb 2013 06:29 AM PST

Just as the market has to worry about Italy and the prospect of sequestration, I am seeing signs that the consumer is becoming increasingly stressed and consumer spending is slowing.

Signs of consumer balance sheet deterioration
First, CNBC reports that coupon clipping is surging, which is a bad sign for the strength of consumer’s balance sheet:

Consumers are clipping coupons at a rate not seen since before the 2007 recession, and that’s a troubling sign, according to Coupons.com CEO Steven … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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