Monetary Policy Week In Review – Mar 2, 2013: Rates Still Declining But Most Central Banks In Wait-and-see Mode
Last week seven central banks took monetary policy decisions with two banks (Hungary and Jamaica) cutting rates and the remaining five banks (Angola, Israel, Trinidad & Tobago, the Dominican Republic and Zambia) keeping rates on hold. The main message from last week’s policy statements was that the global economy continues to slowly improve, [...]
Last week seven central banks took monetary policy decisions with two banks (Hungary and Jamaica) cutting rates and the remaining five banks (Angola, Israel, Trinidad & Tobago, the Dominican Republic and Zambia) keeping rates on hold.
The main message from last week’s policy statements was that the global economy continues to slowly improve, risk appetite in financial markets is strengthening and inflationary pressures are contained by weak … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards