U.S. wholesale inventories rise by most in 5 months

Note: This section contains information in English only.
Source: Reuters
Wholesale inventories increased by most in 5 months, overshooting expectations and indicating the Q3 economic growth started on better footing than forecasted. The inventories rose 0.7% in July to $485.2 billion, the Commerce Department reported. Sales unexpectedly dropped 0.1%. Another report showed import prices increased in August on a jump of oil prices, weighing on consumers and boosting inflation.
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Thu, 13 Sep 2012 09:03:50 GMT

Economists are skeptical about the Fed's bond-buying programme

Economists doubt that another round of quantitative easing by the Fed may provide economic benefits, though the majority expect that the central bank will introduce stimulus today. Economists projected that bond buying plan of $500 billion would diminish unemployment rate by 0.1% and would increase the nation's GDP by 0.2%. 

Thu, 13 Sep 2012 08:41:49 GMT

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