Thursday, December 30, 2010

Six central banks this week to discuss interest rates on hold or into the mainstream.

<P> This week the central bank will announce the latest six global interest rate decision, due to the recent release of the generally poor economic data, market expectations of Australia and New Zealand South Korea and other Asian central banks will not do anything, the United Kingdom, Canada and Brazil the central bank will also be inaction. .</ P> <P> Australia: economic growth cooling </ P> <P> this week, Reserve Bank of Australia (RBA) took the lead in Beijing at 11:30 on December 7 decision on interest rates. .Reserve Bank of Australia early in November had an accident rates by 25 basis points to 4.75%, but last week's third quarter gross domestic product (GDP) showed growth cooling, and the October retail sales unexpectedly decline, coupled with Federal Reserve Chairman Steven .Adams said the current level of interest rates on the right end, suggesting that the RBA may be a cease-fire for some time. .</ P> <P> Canada: less inflation pressure </ P> <P> Beijing Bank of Canada will be announced at 22:00 on December 7th interest rate decision, economists forecast, due to slower growth, Canada .the central bank will keep rates unchanged at 1%. .</ P> <P> OECD (OECD) that, while idle capacity in Canada over the past four quarters has dropped, but still considerable spare capacity, low price pressures. .Therefore, the Bank of Canada should continue to pause until the beginning of 2011. .</ P> <P> UK: unexpectedly strong economic data </ P> <P> Beijing Bank of England will be announced at 20:00 on December 9 decision on interest rates. .The current level of UK interest rates to 0.5%. .</ P> <P> the Bank of England Monetary Policy Committee (MPC) members Sentai Si has said that with the slow economic recovery, especially in the case of inflation above the target level, the central bank should raise interest rates gradually. .But on Thursday a survey of economists, the data suggest because of surprisingly strong economic recovery has taken root, the Bank of England may not do it again this month to take new initiatives, the interest rate at least in the next 10 months ago remained unchanged at 0.5% .. .</ P> <P> Brazil: interest rates in the world and in the forefront </ P> <P> Brazilian central bank will be announced Dec. 8 Monetary policy decisions, since the bank last week raised the deposit reserve breath rate of 5 percentage points, the market .Accordingly, determining the probability of greatly reduced interest rates this month. .</ P> <P> price pressures in recent months, Brazil, high jump, 12-month inflation rate accelerated to 5.5%, voice rising interest rates. .However, Brazil is the interest rate has risen to 10.75%, among the highest in the world, and will be inaugurated next year, New Year's commitment to President-elect Rousseff make the real interest rate from 5.25% large Kandao 2%. .Therefore, the market is expected to cut interest rates early next year, Brazil may, instead of raising interest rates. .</ P> <P> New Zealand: The inflation outlook is weak </ P> <P> New Zealand will be held Dec. 9 in Beijing's interest rate decision 04:00, rate hike likely as slim. .New Zealand from the end of July the Federal Reserve raising interest rates 25 basis points no longer move, New Zealand's inflation outlook is the main cause of depression. .Economists expect the Fed to New Zealand in the second quarter of 2011 was likely to raise interest rates. .</ P> <P> Korea: a continuous decline in industrial production </ P> <P> South Korea will be held Dec. 9 in Beijing's interest rate decision at 10:00, South Korea, in November announced the suspension of three months after raising interest rates rise .rates by 25 basis points, but last week in October industrial production unexpectedly fell the third consecutive month, plus won exchange rate shocks, the Bank of Korea will make the fixed place this month. .</ P>.

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