Bank of England may increase rate in 2015

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
Taking into account the latest Bloomberg survey, investors expect from the Bank of England to increase the key interest rate in the first six months of 2015. Nowadays, the benchmark rate stand at 0.5%. BoE officials say that the easing program will continue until the unemployment rate reaches 7%. Alongside, economists think that they will have to wait at least until 2016 to see unemployment at 7%.
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Fri, 13 Sep 2013 12:13:03 GMT

Swedish GDP decline misses estimates

The economic decline in Sweden reached 0.2% in the second quarter of this year, while the first report suggested the 0.1% decline. The annual growth shrunk even more deeply, while the economy added only 0.1% from the same period of 2013, down from the latest estimate of a 0.6% advance. Analysts explain the economic slump with weak exports data and

Fri, 13 Sep 2013 11:51:03 GMT

Yen falls against Dollar, Fed in focus

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