Thursday, April 11, 2013

DailyMarkets.com - Central Bank News Link List – Apr 11, 2013: IMF Chief Says Easy Monetary Policy Should Stay For Now

DailyMarkets.com - Central Bank News Link List – Apr 11, 2013: IMF Chief Says Easy Monetary Policy Should Stay For Now


Central Bank News Link List – Apr 11, 2013: IMF Chief Says Easy Monetary Policy Should Stay For Now

Posted: 11 Apr 2013 01:34 AM 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.

IMF chief says easy monetary policy should stay for now (Reuters)
BOJ Kuroda: Forex rates not target of monetary policy (MNI)
Fed officials at odds over when to cut bond buys (Reuters)
Banks on Fed … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Indonesia Holds Rate Steady But Wary Of Risks To Inflation

Posted: 11 Apr 2013 12:57 AM PDT

    Indonesia’s central bank held its BI rate steady at 5.75 percent, but said it was “wary of a number of risks to inflation and would adjust its monetary policy response as needed,” including absorbing excess liquidity and strengthen its coordination with the government to reduce the current account deficit and minimize inflationary pressures from volatile food prices through changes to import policy.
    Bank Indonesia (BI), which cut rates by 25 basis points in 2012, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

S.Korea Trims 2013 Growth Forecast To 2.6%, 2014 At 3.8%

Posted: 10 Apr 2013 11:23 PM PDT

    The Bank of Korea (BOK), which earlier today left its policy rate steady at 2.75 percent, trimmed its forecast for growth this year to 2.6 percent from a previous forecast of 2.8 percent due to lower-than-expected growth in the third and fourth quarters of last year and slightly lower assumptions for world economic growth and trade.
    Growth in South Korea’s Gross Domestic Product this year is forecast at 1.8 percent in the first half, with investments in facilities … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Korea Holds Rate, Keeps Eye On Impact Of Geopolitical Risks

Posted: 10 Apr 2013 07:54 PM PDT

    South Korea’s central bank held its base rate steady at 2.75 percent, saying the domestic economy is  continuing to expand on the back of a recovery in exports and investments but the pace is weak and consumption has declined further, keeping inflation low.
    But the Bank of Korea (BOK), which cut rates twice in 2012 by a total of 50 basis points, said it would “closely monitor external risk factors and Korea’s geopolitical risk and any consequent changes in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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