BoE monetary policy remained unchanged

Note: This section contains information in English only.
Source: Reuters
The Monetary Policy Committee of the BoE decided to implement no changes to the monetary policy, as the January 8-9 meeting "minutes" were published on Wednesday. Moreover, despite the considerable decrease of unemployment to 7.1%, the regulator will probably not increase interest rates immediately after it crosses the 7% mark, as they want to see a strong GDP growth in the nearest future.
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Wed, 22 Jan 2014 12:16:04 GMT

Swiss economic expectations surprisingly decline

Economic expectations in Switzerland unexpectedly decreased in January after reaching the largest level in almost four years in December. The indicator from the Centre of European Economic Research posted a 3 points drop to 36.4 points in January. Meanwhile, analysts predicted the index to surge to 44 points. The indicator predicts the economic development for next ix months.

Wed, 22 Jan 2014 11:53:03 GMT

U.K. public sector borrowing declines in December

U.K. public sector continues to decrease the borrowing, with the December data showing the borrowing is dropping more than expected, as the economy recovers after crisis. Totally, the government borrowed 10.4 billion pounds versus 15.1 billion in November. Economists forecasted the December borrowing at 12.3 billion pounds. The country's public debt hit the 75.7% of GDP mark.

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