Our biggest stories of the week are ...read more...
germany, britain, united kingdom, america, europe, jpmorgan, ubs ag, standard chartered, bbc, standard & poor's, barclays, hsbc, google, financial times, standard and poor's ratings services, gbp, eur, mobile wallet technology, financial services club, us federal reserve, bbc ratings, bank of england, bank credit ratings, basic bank services, bank levy, bank levy increase, sales development and account planning services, free banking, banking, bank regulator, mervyn king, finance, investment, financial economics, investment banks, primary dealers, single euro payments area, bank, central bank, king, hsbc holdings plc, governor, central banker, standard chartered plc, foreign exchange strategist, financial times group ltd, barclays plc, british broadcasting corporation, google inc.
The its benchmark 1-day bond repurchase rate by 25 basis points to 3.25% from 3.50%. Bank of Thailand Assistant Governor, Mr. Paiboon Kittisrikangwan, said: "The MPC assessed that the risk of a global economic slowdown has increased while consumer and business confidence remained weak. With upside inflation risks expected to be limited, the current accommodative monetary policy can provide further support to economic restoration and investment. The MPC therefore voted 5 to 2 to reduce the policy rate by 0.25 percent, from 3.50 percent to 3.25 percent per annum, with 2 votes in favour of a 0.50 percent reduction."
paiboon kittisrikangwan, commerce ministry, bank of thailand, thailand, economics, macroeconomics, monetary policy, finance, money, economy of thailand, government of thailand, inflation, thai baht, www.centralbanknews.info, assistant governor
moneyscience: Marginal Revolution (@TylerCowen):- Assorted links http:/
moneyscience: RT @AbnormalReturns:-Saturday links: practical rationality http:/
moneyscience: RT @QFINANCEnews: China’s New Wave of Economic Immigration http:/
moneyscience: MoneyScience Daily is out! http:/
moneyscience: Economist's View (@MarkThoma):- Links for 2011-12-03 http:/
moneyscience: Naked Capitalism (@yvessmith): -Links 12/3/11 http:/