Monetary Policy Week In Review – Feb. 16, 2013: Rates Steady In 11 Of 12 Banks As Growth Prospects Improve
Last week 12 central banks took monetary policy decisions with just one bank (Georgia) cutting rates while the other 11 central banks kept rates unchanged (Mozambique, Indonesia, Russia, Ghana, Armenia, Sweden, Botswana, Japan, Korea, Sri Lanka and Chile), reinforcing this year’s trend toward stable policy rates after last year’s hectic pace of monetary easing. [...]
Last week 12 central banks took monetary policy decisions with just one bank (Georgia) cutting rates while the other 11 central banks kept rates unchanged (Mozambique, Indonesia, Russia, Ghana, Armenia, Sweden, Botswana, Japan, Korea, Sri Lanka and Chile), reinforcing this year’s trend toward stable policy rates after last year’s hectic pace of monetary easing.
Through the first seven weeks of this year, 77 percent of 65 policy decisions taken by the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards