Fed sees no risks of inflation despite stimulus

Note: This section contains information in English only.
Source: Bloomberg
According to the minutes of the Federal Reserve meeting on April 29-30, the inflation level in the country will not exceed the key level of 2%, despite quantitative easing policy. Moreover, monetary officials pointed out that stimulus will continue to influence employment in a positive way. The Fed is going to track changes in the economy in order to estimate possible rate rises in the future.
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Fri, 23 May 2014 09:06:06 GMT

German GDP rises in line with estimations

Economic growth in the largest economy of the Eurozone has been in line with preliminary estimations in the first quarter of this year and reached 0.8% on a quarterly basis. Year-on-year, German economy surged 2.3%. Among growth contributors, private consumption in the country advanced 1.9% during January-March, while construction sector increased 3.6%.

Thu, 22 May 2014 11:12:06 GMT

European shares increase amid Fed minutes and Chinese data

European equities show an advance on Thursday for the second consecutive day, while positive news come for China and the U.S. Chinese manufacturing expanded more than expected, while the Fed announced the inflation level to remain under the target of 2%. The benchmark European stock index Europe Stoxx 600 jumps 0.2% to 341.11 points by 8:35 GMT in London.

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