Monetary Policy Week In Review – Mar 9, 2013: Emerging Market Central Banks Cut, Major Banks Offer Nothing New
Last week 14 central banks took policy decisions with two major emerging market central banks (Mexico and Poland) slashing rates to stimulate economic growth while two of the world’s major developed market central banks (the Bank of England and the European Central Bank) had nothing to offer to shore up confidence. The [...]
Last week 14 central banks took policy decisions with two major emerging market central banks (Mexico and Poland) slashing rates to stimulate economic growth while two of the world’s major developed market central banks (the Bank of England and the European Central Bank) had nothing to offer to shore up confidence.
The decisions last week illuminate three major global issues: Firstly, the huge public policy challenges facing Europe and its shrinking economy; … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards