Turkey Copies Peers With Rate Cut

Turkey Copies Peers With Rate Cut
The Monetary Policy Committee cut all interest rates by 0.5 percentage point, reducing its policy rate to 4.5% and narrowing the central bank's so-called interest-rate corridor, which varies daily rates, to a range of 3.5% to 6.5%, according to a …
Read more on Wall Street Journal

Ulyukayev Dismisses Monetary Easing to Reverse Russian Slowdown
The comments signal that months of government calls for lower interest rates haven't dented the central bank's resistance to easing policy even as Russia's $ 2 trillion economy grows at the weakest pace since a 2009 contraction. Ulyukayev said gross …
Read more on Bloomberg

Economic conditions are ripe for interest rate cut: experts
Explaining its economic and financial stability roles, coordination with the government, and independence in monetary policy decision-making, the BOT said in its statement that its interest rate policy has to be conducted with prudence to ensure …
Read more on The Nation

Tags: , , ,

Comments are closed.

CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]