Posts Tagged ‘Rate’
The Banco de Cabo Verde (Bank of Cape Verde) increased its minimum cash availability ratio (DMC) by 200 basis points to 18.00% from 16.00%, and its base interest rate by 150 basis points to 5.75% from 4.25% previously. The Standard Lending Facility rate will be 8.75% and the Absorption Standing Facility Rate will be 3.25%. [...]
The Central Bank of the Republic of China (Taiwan) held its discount rate unchanged at 1.875% and the collateralized loan rate at 2.250% and the unsecured loans rate at 4.125%. Bank Governor, Perng Fai-nan, said: ”Overall, Taiwan’s economy continues to register moderate growth amid global economic uncertainties, while the 2012 price trends still require close monitoring. In addition, [...]
The Magyar Nemzeti Bank hiked its central bank base rate by another 50 basis points to 7.00% from 6.50% to help boost the forint. The Bank said: “The Monetary Council decided to raise the base rate by 50 basis points in view of increased perceptions of the risks associated with the economy and upside risks to inflation. [...]
The Reserve Bank of India [RBI] paused its repo rate at 8.50% and also held the reverse repo rate at 7.50%, and cash reserve ratio at 6 percent. The RBI said: “On the domestic front, growth is clearly decelerating. This reflects the combined impact of several factors: the uncertain global environment, the cumulative impact of past monetary policy [...]
The Central Bank of Colombia held its monetary policy interest rate unchanged at 4.75%. The Bank said [translated]: “the main risk to inflation coming from excessive expansion in demand or increases in cost overruns, with strong and lasting effects on expectations and credibility of monetary policy. In a longer time horizon, excessive credit growth and continued low [...]
The Danmarks Nationalbank cut its key lending rate by 10 basis points to 0.70% from 0.80% and reduced the current account rate 5bps to 0.25%, effective from 16 December. The Bank also cut rates on the 8th of December following the ECB rate cut, at that time it cut the lending rate 40bps to 0.8%, and reduced [...]
The best way to convince a fool that he is wrong is to let him have his own way. ~ Josh Billings Good morning. Last two days of the week are here and they are both important for the euro, as ECB is expected to cut rates again, for the second time in two months. A [...]
The Central Bank of Armenia held its key refinancing rate unchanged at 8.00%. The Central Bank Board said in its release [translated]: “The Council noted that at present there is no inflationary pressures from penetrating global economy into the RA. With the expected slowdown of the world economic growth is assumed that the market prices of basic raw [...]
Bond Rate Pigs Will Get Slaughtered
by Steve McDonald, Investment U Contributing Editor
Friday, December 02, 2011 : Issue #1656
[Editor's Note: You may recognize Steve McDonald as the host of the "Investment U Weekly Update" on Sundays. He's also the resident bond expert for The Oxford Club's Ultimate Income Letter. He wanted to share this important warning [...]
The National Bank of Georgia reduced its benchmark refinancing interest rate by 25 basis points to 7.00% from 7.25%. The Bank said: “Given that the total output is below the potential and the existing forecasts indicate that the inflation in the next year will remain below the target, the Monetary Policy Committee of the NBG considered it appropriate to [...]
