DailyMarkets.com - Financial Sector Data Can Help Predict Real Economy-BIS

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• Financial Sector Data Can Help Predict Real Economy-BIS
• Global Banking Market Expands Marginally In Q3 – BIS
• New Global BIS Database Shows Explosion In Total Credit
• Fed, BOE QE Programs Helped Dispel Deflation Fears-BIS
• Global Debt Rises But Governments Fail To Reform – BIS

Financial Sector Data Can Help Predict Real Economy-BIS Posted: 17 Mar 2013 01:11 PM PDT     Real-time information about the financial sector, such as asset prices, interest rates and credit aggregates, can help predict future changes in the real economy, though less about inflation, according to the Bank for International Settlements. (BIS).     However, so far economists have failed to agree on which financial variables to focus on.     The BIS, one of the only institutions to voice concern about growing financial imbalances prior to the 2008 … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Banking Market Expands Marginally In Q3 – BIS Posted: 17 Mar 2013 01:08 PM PDT     The global banking market expanded only marginally in the third quarter of 2012 – the smallest quarterly rise in 13 years – as lending to banks in the troubled euro area contracted further while credit extended to non-banks in the United States expanded, rising according to final quarterly data from the Bank for International Settlements (BIS).     Total cross-border claims by banks from 31 countries rose by only $33 billion, or 0.1 percent, slightly up … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

New Global BIS Database Shows Explosion In Total Credit Posted: 17 Mar 2013 01:07 PM PDT     Households worldwide have boosted their borrowing since the 1970s and in some countries, such as the United States and Australia, the total amount now exceeds that of companies, the Bank for International Settlements (BIS) said, introducing a new public database for total credit in 40 countries.     The explosion in household borrowing is one example of what can be gleaned from the BIS' new global database that fills a glaring void in economists' understanding of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Fed, BOE QE Programs Helped Dispel Deflation Fears-BIS Posted: 17 Mar 2013 01:05 PM PDT     The impact of the Federal Reserve and Bank of England's large-scale asset purchases in 2008 and 2009 on economic growth may be uncertain, but it is clear their intervention in the global crises helped fend off the risk of deflation, according to the Bank for International Settlements (BIS).     The central banks' unconventional policies of massive purchases of bonds and other securities – known as quantitative easing – has tripled and quadrupled their balance … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Global Debt Rises But Governments Fail To Reform – BIS Posted: 16 Mar 2013 11:33 AM PDT      Global debt by households, governments and non-financial enterprises has mushroomed by some $30 trillion since 2007, but governments in advanced economies are not taking advantage of the flood of cheap money to carry out necessary structural reforms that will pay off over time, warned the BIS.     Sharpening the Bank for International Settlement's (BIS) frequent warnings about the danger of the seemingly endless appetite for debt, its economic adviser, Stephen … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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