Saturday, April 13, 2013

DailyMarkets.com - Monetary Policy Week In Review – Apr 13, 2013: Markets Digest BOJ Easing As 7 Central Banks Hold Rates And 1 Cuts

DailyMarkets.com - Monetary Policy Week In Review – Apr 13, 2013: Markets Digest BOJ Easing As 7 Central Banks Hold Rates And 1 Cuts


Monetary Policy Week In Review – Apr 13, 2013: Markets Digest BOJ Easing As 7 Central Banks Hold Rates And 1 Cuts

Posted: 13 Apr 2013 06:55 AM PDT

    Last week eight central banks took policy decisions with only one (Mongolia) cutting its rate while the other seven banks (Poland, South Korea, Indonesia, Serbia, Chile, Peru and Pakistan) kept rates on hold as markets continued to digest the Bank of Japan's unprecedented monetary easing.
    Singapore’s Monetary Authority, which uses the exchange rate rather than interest rates to control inflation, also left its monetary policy stance unchanged.
    Global … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Weekend Reading: The Property Illusion

Posted: 13 Apr 2013 04:23 AM PDT

I have no doubt that given the need for sources of revenue by Uncle Sam and other sovereign governments, the topic of "the protection of property rights" will be increasingly brought front and center in the public arena.
We saw this play out in Cyprus just a few weeks back, and we witness another example of this topic just the other day in a WSJ article, Now He's After Your 401(K).
What some ideologues might view as "equitable redistribution," other individuals who have worked long … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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