Archive for Economics

Botswana holds rate, sees inflation moving to target

    Botswana’s central bank kept its Bank Rate steady at 9.5 percent, saying economic output will remain below potential in the medium while inflation is expected to move toward the bank’s target in the second half of 2013 but remain above target in the short run due to temporary…

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Central Bank News Link List – Dec. 26, 2012: New Japan PM Abe says will pursue bold monetary policy

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news New Japan PM…

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Israel trims rate 25 bps, cuts growth, inflation forecasts

    Israel’s central bank cut its policy rate by 25 basis points to 1.75 percent, a move expected by some economists, saying inflation is continuing to decline and economic growth was still weakening.    The Bank of Israel (BOI), which has cut by 100 basis points this year, also cut…

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Central Bank News Link List – Dec. 24, 2012: Japan’s Abe heaps pressure on BOJ to set 2 percent inflation target

Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news Japan’s Abe heaps…

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Monetary Policy Week in Review – Dec. 22, 2012: Six of 14 central banks cut rates, policy debate picks up speed

    Last week 14 central banks took monetary policy decisions, with six banks cutting rates (Hungary, Sweden, Turkey, Georgia, Colombia and Vietnam) and eight banks leaving rates on hold (India, Morocco, Norway, Taiwan, Czech Republic, Japan, Armenia and Trinidad & Tobago), accelerating the global trend toward easier monetary policy….

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Vietnam cuts rate 100 bps, 6th cut this year, inflation falls

    Vietnam’s central bank cut its benchmark refinancing rate by 100 basis points to 9.0 percent, saying inflation is at a low level but production and business conditions are difficult, inventory levels are high and the absorption of corporate bank credit remains limited.    The State Bank of Vietnam,…

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Colombia cuts rate another 25 bps, no inflation pressure

    Colombia’s central bank cut its benchmark intervention rate by 25 basis points to 4.25 percent, giving financial markets their second surprise in as many months, as the country’s economy is growing below its potential and inflation is under the bank’s target with no upward pressure.    Banco de la…

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Trinidad & Tobago holds rate to boost growth, CPI slows

    The Central Bank of Trinidad and Tobago kept its benchmark repurchase rate unchanged at 2.75 percent, saying it was maintaining an accommodative policy stance to support economic growth while inflationary pressures were under control.    The central bank, which cut rates by 25 basis points in September, said…

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I’m Counting My Blessings This Holiday Season… and One in Particular

This holiday season, I have many things to be thankful for: my wonderful family, devoted friends and a rewarding writing career, to name a few. This year in particular, however, I have one blessing that counts more than all the rest. I’ll tell you about that in a moment, but…

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AGCO Corporation (NYSE: AGCO): The Perfect Play for Rising Food Demand?

It’s been almost two years since The Economist put out their report regarding the “nine billion people question.” In short, by the year 2050, it’s likely there will be nine billion people in the world. That’s an increase of about two billion people in 37 years. With a population explosion…

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