Jeffrey Lacker, the President of the Federal Reserve Bank of Richmond, speaking at the Greater Richmond Chamber of Commerce's Spring Regional Forum on Tuesday, said that he expects the Fed to raise interest rates as soon as June of this year.
Unemployment in Germany, the Euro zone's most powerful economy, dropped to its lowest level on record in March of this year, the Federal Labour Agency in Nuremberg said on Tuesday.
Mortgage approvals in Britain surged to their highest level in six months in February of this year, gaining value a third consecutive month in a row.
Consumer spending in the US advanced less than expected in February 2015, indicating that economy may be losing momentum after several quarters of strong growth.
Deflationary pressure in both Germany and Spain eased in March, helped by recovery from the sharpest slump last year amid falling oil prices.
Property prices in the United Kingdom have increased this month, even though growth remained subdued after strong gains a few years ago.
American economy rose slightly less when compared with analysts' expectations in the last quarter of the previous year, mostly led by upbeat consumer spending which was the highest in eight years.
According to the report of the Federal Statistical Office of Germany, Destatis, import prices in the Euro zone's biggest economy have jumped noticeably in February 2015, calculating on month-to-month basis.
Volume of retail sales in the United Kingdom climbed considerably more than market expected in February amid by lower inflation and improving consumer confidence in the country, with all categories of sales showing gains.
The total number of claims for unemployment benefits in the United States dropped more than expected for the previous week ended March 21, as brightening economic outlook for the world's biggest economy is having a positive impact on job creation and decreases the number of lay-offs.
France has unexpectedly decreased its budget shortfall in 2014, while analysts expected the weakened country's economy to have more negative impact on public finances.
The total number of new approvals for receiving mortgages in the United Kingdom increased in February of this year, by reaching the biggest level in five months.
Orders for durable goods in the United States have surprisingly slipped in February of the current year, even though the majority of analysts predicted this statistical indicator to increase slightly by 0.2% on month-to-month basis.
Economic recovery in the Euro zone seems to be gaining more growth momentum.
For the first time since data collection on UK inflation began around three decades ago, the main gauge for measuring consumer prices in this country fell as low as zero in February of this year.
Despite negative expectations, consumer prices in the world's most powerful economy were published better than initially projected in February of this year.
Manufacturing and service sectors' activity in the single currency area has improved confidently in March, underlying positive expectations from the quantitative easing programme of the ECB that is likely to lift up Euro zone's weakened economy.
Activity in the production sector of the world's second biggest economy slipped surprisingly in March of the current year, reaching its lowest point in 11 months.
According to the President of the Federal Reserve Bank of St. Louis James Bullard, markets should expect a greater volatility due to uncertainty over the Fed's future monetary policy decisions, especially when coming closer to the eventual increase of the federal funds rate.
The Standard & Poor's international ratings agency has increased its outlook for Portugal's sovereign credit ratings, up from "neutral" to the "positive" one.
Retail sales in Canada, the 11th biggest economy in the world, dropped considerably for a second consecutive month in January due to falling prices of oil.
Just two days after UK Chancellor of Exchequer George Osborne presented his Budget for the financial year 2015, country's public finances showed a considerable improvement.
Producer prices in Germany, the largest economy in the single currency area, continued show some weakness during the month of February.
Following its meeting on Thursday, the Swiss National Bank decided to keep the main policy rate unchanged at the record-low level below zero at -0.75%.