central bank news
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Fed's no-change decision could be followed by cuts
New York City :: NY :: USA | 12 days ago
Credibility
The Federal Reserve did not lower interest rates despite all the financial market upheavals in recent days, but that does not mean the U.S. central bank won't cut rates in coming weeks. Many economists believe Federal Reserve Chairman Ben Bernanke
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Lack of confidence a drag on global recovery
Tōkyō :: Japan | 12 days ago
Credibility
Global financial officials who attended the meeting agreed "there is no single bullet that will get us to normal growth and some normality with regard to jobs," said Tharman. So the overriding question is what else needs to be done to kick-start a
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Agents welcome surprise rate cut
Melbourne :: Australia | 13 days ago
Credibility
Mr Hooker said he was confident the banks would pass on most of the savings, which should give the market a push in the traditionally quieter winter selling period. The senior economist of the Fairfax-owned Australian Property Monitors, Andrew Wilson,
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RBA hints at more rate cuts to come
Sydney :: Australia | 13 days ago
Credibility
The Reserve Bank had been signalling since it cut its cash rate to 3 per cent last December that it has room to go even lower if it judged that more stimulus is needed. It has now cut the rate by another quarter of a percentage point to 2.75 per cent
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UAE banks' foreign assets up AED58bn in 2012
Dubai :: United Arab Emirates | 13 days ago
Credibility
Most of increase was in securities and due from HQ and branches UAE banks' foreign assets surged by nearly DhDh58 billion to one of their highest levels at the end of 2012 and most of the increase was in securities abroad, deposits with foreign banks
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Credit-card debt lowest in seven years as we wise up to perils
Dublin :: Ireland | 13 days ago
Credibility
Close to 360,000 personal credit-card accounts have been closed as consumers turn their backs on one of the most expensive ways of buying goods. New figures from the Central Bank show that households are falling out of love with expensive credit
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Central Bank redeemed more than €2.5m worth of punts in 2012
Dublin :: Ireland | 13 days ago
Credibility
The amounts redeemed have hardly changed each year despite the passing of time, with 232.9m still outstanding. Some 2.4m was redeemed in 2011, 3.3m in 2010 and 3.2m in 2009. The Central Bank said anybody who still had old notes or coins could still
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April inflation settles at 2.6%, a 13-month low
Singapore :: Singapore | 13 days ago
Credibility
In a statement Tuesday, the NSO said inflation hit 2.6 percent last month, from 3.0 percent a year earlier. It was lower than the market consensus of 2.9 percent and at the midpoint of the central bank's 2.2 to 3.1 percent forecast for April...The
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CANADA FX DEBT-C$ firms slightly on positive market sentiment
Toronto :: Canada | 13 days ago
Credibility
Globe Unlimited now and be the first to know with ROB Insight! A Globe Unlimited subscription also gives you: Full access to all our award-winning news articles and exclusive features High resolution photo galleries and interactive videos Access and
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Analyst sees RIM selling assets or company, or being ‘niche' supplier
Athens :: Greece | 13 days ago
Credibility
IMF slams Greece The International Monetary fund today praised Greece for some of its economic measures, but slammed the government for failing on several fronts, notably in fighting tax evasion. The IMF also noted that the country's achievements
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