ECB keeps benchmark rate unchanged at 0.25%

Note: This section contains information in English only.
Source: Bloomberg
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 case the situation gets worse as they are ready to act.
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Thu, 05 Dec 2013 14:25:10 GMT

U.S. unemployment claims fall

U.S. jobless claims dropped surprisingly past week to more than a two-month low as it gets harder to adapt for seasonal variations. Unemployment claims fell to 298,000 in the previous week that ended November 30, according to Labor Department; however, economists predicted a rise to 320,000. This reading is the lowest in almost three months.

Thu, 05 Dec 2013 13:30:06 GMT

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

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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