With unemployment at 9.6%, ironic looks like the gap in American ruling circles. Not only is Larry Summers left his post of head of the Committee on the national economy but also not forget that it's three nominees to the committee of the Federal Reserve in Washington, among which only Bernanke PhD at the moment.
Monetary Committee of Britain was less clear than the Fed. While the Fed has been quite clear to the markets, minutes of the September meeting of the Bank of England were more weighted. As they suggested, it is that "some members of the" Committee of the likelihood of further incentives grew. And there was no clarification of thought Committee on this issue, while one member (Sentance) continued to vote in favor of tightening interest rates, the fourth month in a row. It was noticeable, as initially exploded sterling suffered the remainder of the European session, the cable slipped to 1.56, a level which was taken shortly after the Fed announcement.
Divergence Scandinavian rates. While Norway has kept the rate unchanged on Wednesday, Iceland has reduced its 75-bp to 6,25%. Recall that the rate reaches 18% at the peak of problems, but control over the movement of capital continues to restrict trade crown. An interesting point that Norway is directed toward a rate hike a month or so, but weaker forecasts for the world economy forced the Bank of Norway to refrain from raising this time, but repeated its intention to bid closer to "normal levels", which provided additional support for the currency time.
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