Wednesday, March 20, 2013

DailyMarkets.com - Iceland Holds Rate, Says Pace Of Rate Rises Depend On Inflation

DailyMarkets.com - Iceland Holds Rate, Says Pace Of Rate Rises Depend On Inflation

Iceland Holds Rate, Says Pace Of Rate Rises Depend On Inflation

Posted: 20 Mar 2013 02:11 AM PDT

    Iceland’s central bank held its benchmark seven-day lending rate steady at 6.0 percent, saying it will be necessary to raise interest rates as spare capacity disappears from the economy but the pace of this normalisation will depend on inflation.
   The Central Bank of Iceland, which raised rates by 125 basis points in 2012, said the economic recovery has lost some of its previous pace, which means the margin of spare capacity in the economy has narrowed further while … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Mar 20, 2013: Fed To Stick To Stimulus As Cyprus Rekindles Global Risks

Posted: 19 Mar 2013 11:56 PM PDT

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.

Fed to stick to stimulus as Cyprus rekindles global risks (Reuters)
ECB: Will provide needed liquidity as per existing rules (MNI)
Ex-ECB Trichet: ‘No element of contagion’ from Cyprus crises (dow … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stock Market 101: Basics Of The Dow, S&P 500

Posted: 19 Mar 2013 05:08 PM PDT

03/19/2013 InnerHarbor Advisors’ Michael J. Keating, CFP, explains the basics of equity indexes. The Dow and S&P 500: how are they weighted and which one is representative of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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