Monetary Policy Week In Review – Mar 16, 2013: Eleven Central Banks Keep Rates Steady, Norway Delays Rate Rise
Last week 11 central banks took policy decisions with every single bank keeping rates on hold though Norway, as Canada in January, delayed a planned rate rises due to lower inflationary pressure from sluggish growth that continues to plague the global economy. Norway’s decision illustrates how central banks are uneasy with very low [...]
Last week 11 central banks took policy decisions with every single bank keeping rates on hold though Norway, as Canada in January, delayed a planned rate rises due to lower inflationary pressure from sluggish growth that continues to plague the global economy.
Norway’s decision illustrates how central banks are uneasy with very low policy rates as they tend to encourage risk taking and fuel asset bubbles. Yet, the central banks feel they have little … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards