U.K. this year growth forecast raised to 1.4%

Note: This section contains information in English only.
Source: Bloomberg
UK Chancellor of the Exchequer George Osborne stated that nation's economy will grow 1.4% this year, upgraded from the 0.6% forecasted in March, making it the first growth-forecast raise in three years. Later today the Bank of England will have a policy meeting; however, economists expect that the lawmakers will keep the benchmark interest rate at its record low.
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Thu, 05 Dec 2013 14:14:11 GMT

ECB keeps benchmark rate unchanged at 0.25%

The European Central Bank left its benchmark lending rate unchanged at its record low as they kept the refinancing rate at 0.25%, deposit rate at zero and the lending rate at 0.75%. The inflation and growth forecasts will be released later today at a press conference held by Mario Draghi. Officials stated that there is nothing to panic about in

Thu, 05 Dec 2013 13:19:06 GMT

U.S. stock-index futures advance slightly

U.S. stock-index futures were little changed as investors speculated on when the Fed will start tapering and as equities declined for a fourth straight day. S&P 500 Index futures expiring this month gained less than 0.1% to 1,792.1 as of 10:12 a.m. London time; however, the gauge has jumped 26% this year. Dow Jones Industrial Average contracts fell less than

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