Economists are skeptical about the Fed's bond-buying programme

Note: This section contains information in English only.
Source: The Wall Steet Journal
Economists doubt that another round of quantitative easing by the Fed may provide economic benefits, though the majority expect that the central bank will introduce stimulus today. Economists projected that bond buying plan of $500 billion would diminish unemployment rate by 0.1% and would increase the nation's GDP by 0.2%. 
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Thu, 13 Sep 2012 09:14:49 GMT

France pushes Spain to accept EU help

France is making a pressure on Spain to ask help from the European Union and scatter German concerns. French representatives want Spain to request the EU's bailout fund in order to consolidate bond rates of the troubled countries. French pressure is the only way to make sure that Spain will not backtrack and delay domestic reforms till the deals will be done as it was

Thu, 13 Sep 2012 08:52:49 GMT

U.S. wholesale inventories rise by most in 5 months

Wholesale inventories increased by most in 5 months, overshooting expectations and indicating the Q3 economic growth started on better footing than forecasted. The inventories rose 0.7% in July to $485.2 billion, the Commerce Department reported. Sales unexpectedly dropped 0.1%. Another report showed import prices increased in August on a jump of oil prices, weighing on consumers and boosting inflation.

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