"Gov. Romney has pointed to his experience as a corporate buyout specialist as the central basis for his candidacy, yet he has bristled at any examination of it because he profited off of bankrupting companies and outsourcing jobs, applying an economic philosophy he knows Americans strongly disagree with, " said Obama campaign spokesman Ben LaBolt.
On Thursday, the European Central Bank cut its official deposit rate for overnight lending to the central bank by 50 basis points, to 1.0%, below its 2.5% benchmark rate, in an attempt to wean banks off the safety of its vaults and thus stimulate interbank lending.
Norwich have been joined on tour by another player on a trial basis, Danish central defender Jens Berthel Askou.
Bill prices receded by seven ticks and the swaps market pointed to additional central bank tightening of 27 basis points over the next 12 months compared to 18 basis points earlier this week.
Brooks attributed the heavy purchases of gold ETPs on a global basis to expectations that central banks were likely to get more aggressive in flooding the global economy with liquidity.
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On the basis of a pact between central bank governors and senior regulators, every important developed and developing country has agreed to enact laws to raise the amount of capital that banks have to hold as protection against future losses to more than treble the current minimum.
The index is compiled on a quarterly basis using official government statistics or central bank data where available.
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The wholesale price index, India's main inflation gauge, will be the basis for calculating the payout, the central bank said.
Barclays Capital said last month that inflation concerns would likely force the Central Bank to raise rates by at least 25 basis points early in the second quarter.
Yet it is precisely the fact that soldiers who were fighting one another not long ago now train together, or that firemen co-operate on a routine basis or that everyone from vets to central bankers meets with almost dreary regularity which constitutes the good news.
Inflation in the EU was reported Friday at 2% on an annualized basis, which is the rate the European Central Bank is targeting.
Australia's central bank has cut its benchmark interest rate by 25 basis points to 3%, as it looks to counter a slowdown in its mining sector.
None of the big New Zealand banks currently meets the new threshold, and because longer-term borrowing is dearer, the central bank expects lending costs to increase by 10-20 basis points.
On November 30th the Fed, ECB and other central banks sought to rectify this by lowering the spread to 50 basis points.
With the exception of India, Chile, Turkey, Egypt, Peru, China, Russia, and Hungary, no EM central banks have tightened policy rates significantly (by more than 250 basis points).
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It also provides a robust legal basis for one of the most important issues that is central to the debate ahead of the referendum - namely that in the event of independence the UK would be the continuing state and Scotland would have to form a new state.
Elsewhere in Europe, the Czech central bank made a deeper than expected cut to interest rates of 75 basis points, to 2.75%.
The weak data lend support to the view that the European Central Bank will cut interest rates further, after having trimmed by 50 basis points last Thursday, to take them to a two-year low of 3.25%.
On a forward looking basis, I believe inflation, and more importantly governments and central banks attempts to contain inflation, will impact emerging economies and emerging markets to a greater degree than these actions will impact developed markets and economies.
The Fed also cut the discount rate, which it charges banks for overnight loans, 50 basis points to 5.25%, a sign the central bank is still concerned about the lingering effects of a credit crunch that has rocked the bond and loan markets.
They are more and more dependent on support from the European Central Bank and on funding themselves on a risky, short-term overnight basis.
Current initiatives work to improve health and food security in Africa, to combat child labor in Haiti, to partner on a trilateral basis with Bolivia on counternarcotics cooperation, and to promote biofuels in Central America, the Caribbean, and Africa.
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Concerns were raised at the Fed meeting that the public may interpret the central bank's forecasts as concrete policy, potentially taking risky decisions on that basis.
BBC: US Federal Reserve to publish interest rate projections
All this despite a slew of government interventions this week, including synchronized 50-basis-point interest rate cuts by the Federal Reserve, the European Central Bank and several other central banks, including China's.
The cost of ELA to IBRC is assumed to be 200 basis points higher than the MRO rate but this profit margin goes to the Central Bank and is subtracted off when calculating the net cost.
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Beijing has to drop deposit rates when it cuts lending rates to maintain bank margins, and that is in fact what the central bank did on Thursday, reducing the benchmark one-year rate for deposits by 25 basis points.
FORBES: China Tries to Rescue the Economy, Depositors May Say "No"
Turning to central bank take of the publicly held US government debt market, central banks ended 2012 with a 38.1% share of the market, up 20 basis points from the 3rd quarter, but down 30 basis points from the 4th quarter 2011.
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