Monetary Policy Week In Review – Nov. 3, 2012: 7 Of 11 Central Banks Ease Policy, Czechs Join Zero-bound Club
Last week in monetary policy saw interest rate decisions by 11 central banks, with four cutting rates (Israel, Hungary, Czech Republic and Uganda), six (Angola, India, Japan, Norway, Tunisia and Romania) keeping rates unchanged and Zambia the lone central bank to raise rates. But the stance of global monetary policy stance eased much more than [...]
Last week in monetary policy saw interest rate decisions by 11 central banks, with four cutting rates (Israel, Hungary, Czech Republic and Uganda), six (Angola, India, Japan, Norway, Tunisia and Romania) keeping rates unchanged and Zambia the lone central bank to raise rates.
But the stance of global monetary policy stance eased much more than indicated by the number of rate cuts, with two of the banks that held rates – Japan and India – … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards