Saturday, May 4, 2013

DailyMarkets.com - Monetary Policy Week In Review – May 4, 2013: Europe, India Cut Rates, Fed Assures QE Depends On Economy

DailyMarkets.com - Monetary Policy Week In Review – May 4, 2013: Europe, India Cut Rates, Fed Assures QE Depends On Economy

Monetary Policy Week In Review – May 4, 2013: Europe, India Cut Rates, Fed Assures QE Depends On Economy

Posted: 04 May 2013 03:05 PM PDT

    Last week 11 central banks took policy decisions with six banks keeping rates steady (Angola, Albania, the United States, the Czech Republic, Romania and Uganda), Bulgaria raising its rate and four banks cutting rates, most notably the European Central Bank (ECB) and the Reserve Bank of India (RBI) along with Denmark and Botswana.
    Both the ECB and the RBI cut their key rates by 25 basis points, both rate cuts were widely expected and both central … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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