BoJ plans to keep current stimulus at least till April

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
The Bank of Japan officials said on Thursday that they will keep the current stimulus amount at least until April of the next year, as they want to see the sales tax rise effect on economy and markets. Some analysts forecast that the Central Bank will increase stimulus to support Japanese economy after the tax rise, while the government is preparing a $51 billion additional fiscal package.
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Thu, 03 Oct 2013 09:00:03 GMT

Halifax: U.K. house prices rise slowed to 0.3%

Housing prices in the United Kingdom advance for the eighth consecutive month, while the increase slowed to the lowest in half a year, adding only 0.3% in September of 2013. The average price reached 170,733 pounds. Economists, in turn, predicted the prices to surge 0.6%. On the other hand, demand for houses soared, as the government supports citizens in home

Thu, 03 Oct 2013 08:38:03 GMT

Moody's lowers Brazil rating outlook amid growth perspectives

Rating agency Moody's lowered Brazil's credit rating outlook from positive to stable, while the country's economic growth is going to slow in the nearest future. Meanwhile, the country's current sovereign rating was kept at Baa2 level. As economists, as the Bank of Brazil expect the Brazilian economy to grow 2.5% this year, however, earlier outlook forecasted a 2.7% GDP increase.

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