Saturday, March 23, 2013

DailyMarkets.com - Monetary Policy Week In Review – Mar 23, 2013: Two Banks Cut, Six Hold, Egypt Raises, BOE Remit Expands

DailyMarkets.com - Monetary Policy Week In Review – Mar 23, 2013: Two Banks Cut, Six Hold, Egypt Raises, BOE Remit Expands

Monetary Policy Week In Review – Mar 23, 2013: Two Banks Cut, Six Hold, Egypt Raises, BOE Remit Expands

Posted: 23 Mar 2013 07:04 AM PDT

    Last week nine central banks took policy decisions with six keeping rates on hold while Colombia and India again cut rates, and Egypt became the first emerging market central bank to raise rates this year in an attempt to stem inflationary pressures despite the fragile economic environment.
    But the latest developments in monetary policy – even the Bank of England's expanded remit and a U.S. Federal Reserve meeting – were overshadowed by the latest installment in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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