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Latest Monetary policy Stories

2014-04-11 16:20:15

BASILDON, United Kingdom, April 11, 2014 /PRNewswire/ -- Based on recent changes to the way Venezuela's exchange rate mechanism operates, CNH Industrial is changing the bolivar fuerte ("Bs.F.") rate used to re-measure its Venezuelan Iveco truck and bus business operations financial statements in US dollars. Effective March 31, 2014, CNH Industrial has started to use the exchange rate determined by US dollar auctions conducted under Venezuela's Complementary System of Foreign...

2014-04-10 16:22:23

TORONTO, April 10, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on April 16, 2014. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through the fall of this year, but called for a target of 1.25 by April 2015. The MPC provides an...

2014-04-09 12:27:36

WOODLAND HILLS, Calif., April 9, 2014 /PRNewswire/ -- Barry Stuppler, past president of the American Numismatic Association and current chairman of the Federal and California State Gold & Silver Political Action Committee, predicts that the price of gold will reach $5,000 oz. during 2015 or 2016. Stuppler published an article in April 2004, when gold was at $408 oz., predicting that gold would break its 1980 record of $852 oz., which it did in 2008. Gold is currently at $1,304...

2014-04-03 12:35:20

Institutional Investor in cell site ground lease assets cautions that a surge in inflation could dramatically reduce the value of cell site ground leases over the next five years. ATLANTA, April 3, 2014 /PRNewswire/ -- The value of cell site ground leases could decline substantially in the near future, according to a prominent industry expert Jesse M. Wellner, Principal and Managing Director at TowerPoint Capital, a leading institutional investor in cell site ground leases...

2014-03-06 04:24:47

LONDON, March 6, 2014 /PRNewswire/ -- The WOCU(R), an independent, composite global currency unit, has been incorporated in the Tradermade Systems Ltd ("TraderMade") charting software. The WOCU, a registered trademark of WOCU Limited, is an independent, apolitical, elegantly constructed composite currency unit that naturally adjusts to the rise and fall in the prominence of its constituents; the currencies of the World's Top Twenty economies measured by their GDP. The...

2014-02-12 23:21:03

GIA announces the release of a comprehensive report on the Bitcoin market. The report provides unbiased and objective analysis of key questions surrounding the future of Bitcoin. San Jose, California (PRWEB) February 12, 2014 Follow us on LinkedIn – Although the Bitcoin market is now turning relatively bearish amid stabilizing consumer interest and drying up of media coverage, the currency continues to witness improvements in value, albeit at a more sustainable rate than hitherto...

2014-01-16 16:22:28

TORONTO, Jan. 16, 2014 /CNW/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on January 22, 2014. The Council further called for the Bank to hold the target at 1.00 percent through to January 2015. The MPC is a panel sponsored by the C.D. Howe Institute to provide an...

2014-01-15 04:22:26

LONDON, January 15, 2014 /PRNewswire/ -- WOCU Limited, supplier of the WOCU(R), an independent, composite global currency unit, announces that bespoke currency references are now available. WOCU Bespoke Currency References (BCRs) are now available, off the shelf, for fund performance benchmarking, and product creation. WOCU BCRs allow a fund customer, for example, to adjust for currency fluctuations which may skew portfolio performance. A WOCU BCR has the same...

2014-01-13 16:27:23

Personal finance and consumer interest rate site GOBankingRates released its rankings of the best online certificates of deposit in 2014. LOS ANGELES, Jan. 13, 2014 /PRNewswire/ -- With more than three in five internet users banking online -- up 3 percent since 2010 ( )-- the number of online banks is steadily increasing to meet rising demand(1). To help consumers get the most out of their online savings products, GOBankingRates released its ranking of the best certificate of deposit...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.