Swiss National Bank left interest rate unchanged

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Source: CNBC
The Swiss National Bank left the target range for the three-month Libor rate unchanged at 0.0-0.25% on Thursday, in line with analysts' expectations.  Moreover, the SNB trimmed its growth forecast. Bank expects an inflation rate of -0.6% for 2012, 0.2% for 2013, and 0.4% for 2014. Nation's GDP is to grow by 1% in 2012, down from 1.5% projected in the June forecast.
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Thu, 13 Sep 2012 15:22:50 GMT

BOE expects inflation to remain volatil

The Bank of England published its 2012 Q3 issue of the Quarterly Bulletin today, saying it expects the inflation rate to be much more volatile in the coming years than it has been in the past. The report noted that investors' uncertainty about inflation rose substantially during the financial crisis, and that inflation expectations have become less anchored to the BOE's 2% target.

Thu, 13 Sep 2012 14:24:50 GMT

Ireland inflation grows in August

Irish EU harmonized inflation advanced for the second consecutive month in August, the Central Statistical Office said on Thursday. The HICP surged to 2.6% from 2% in July. The index rose 0.8% on month in August, rebounding from a 0.1% slid in preceding month. Meanwhile, the CPI grew to 2% from 1.6% in July, gaining 0.6% compared to a 0.1%

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