While you were sleeping Central bankers hold steady

Wed, 20 Nov 2013

By Margreet Dietz Nov. 21 (BusinessDesk) - Wall Street gained as monetary policy makers on both sides of the pond showed that they are committed to bolstering the pace of economic growth. The European Central Bank is considering a negative rate for some business deposits if more economic stimulus is needed, Bloomberg News reported, citing two people with knowledge of the debate. Meanwhile, US Federal Reserve Bank of St Louis President James Bullard said a potential taper for the central bank's bond-buying programme will be "on the table" at...

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