Bank of England makes no changes in monetary policy

Note: This section contains information in English only.
Source: BBC News
After the Thursday meeting, the Bank of England's Committee for Monetary Policy decided to keep its main interest rate at the record low level of 0.5%, as the asset purchasing program remained at 375 billion pounds. The decision fully matched the economists' expectations. Recently, the BoE officials said that there will be no changes in policy until the jobless rate declines to 7%.
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Thu, 07 Nov 2013 15:25:22 GMT

ECB cuts main rate to support inflation

The European Central Bank decided to decrease its main interest rate from 0.50% to 0.25%, as the region faces the high risk of consumer prices' decline, while the inflation decreased to 0.8% in October. It is worth pointing out that such a step was forecasted only by three of 70 analysts. At the same time, the ECB kept the deposit

Thu, 07 Nov 2013 11:19:03 GMT

Spain's industrial production rebounds in September

Industrial production in Spain recovered in September from a sharp fall recorded in the month before, while the output was forecast to drop, a report published by the statistical office Ine revealed on Thursday. Spain's industrial output added 3.5% on an annual basis in September following a 4.2% drop in August, whereas it was expected to slide 1.4%.

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