Saturday, April 20, 2013

DailyMarkets.com - Monetary Policy Week In Review – Apr 20, 2013: One Central Bank Raises Rate, 1 Cuts As Inflation Remains Sticky

DailyMarkets.com - Monetary Policy Week In Review – Apr 20, 2013: One Central Bank Raises Rate, 1 Cuts As Inflation Remains Sticky


Monetary Policy Week In Review – Apr 20, 2013: One Central Bank Raises Rate, 1 Cuts As Inflation Remains Sticky

Posted: 20 Apr 2013 10:45 AM PDT

    Last week six central banks took policy decisions with two major banks in emerging markets (Turkey and Brazil) changing their rates in opposite direction while the other four central banks (Canada, Sweden, Mozambique and Sri Lanka) kept rates steady as inflation remains sticky despite weak global growth.
    Brazil's 25 basis point rate hike – well-flagged and overdue – was significant because it illustrates that inflationary pressures are building in some … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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