Wall Street expects no rate hike in March

Note: This section contains information in English only.
Source: CNBC
In anticipation of the two-days Federal reserve meeting, which will be held on Tuesday and Wednesday, the group of analysts shared the forecasts regarding the Fed decision. 95% of the respondents believe that interest rate will not be raised in March. Meanwhile 83% of the financiers anticipate that the hike will be in June or even earlier. 42 analysts have participated in the survey.
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Wed, 16 Mar 2016 10:44:04 GMT

GBP remains stable after labor market data

On Wednesday, the Office for National Statistics published the labor data in the UK for February, reporting that amount of claiming job-seekers declined by 18, 000, which is better than forecasted -8, 800. Average Earnings Index soared to 2.1%, while unemployment rate remained unchanged at 5.1%. Sterling did not show notable reaction and held at £0.785 against the Euro.

Fri, 11 Mar 2016 09:21:05 GMT

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