BoE reluctant to raise interest rates as unemployment falls

Note: This section contains information in English only.
Source: Bloomberg
© RS
The Bank of England does not want to jump to a conclusion regarding the interest rates rise since unemployment declines to 7.1% that is a significant advance for now. Today's data showed that the employment rate dropped to 7.1% within the three months, that in its turn boosted the Pound to strengthen more than 5%, making the British currency the best gainer among of the major peers.

 

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Wed, 22 Jan 2014 15:35:04 GMT

Gold adds after hitting 3-week low as demand strengthens

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Swiss economic expectations surprisingly decline

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