BoJ keeps the rates at current level

Note: This section contains information in English only.
Source: RTT News
The Japanese central bank decided to maintain its monetary stimulus plan at a current level and retain its consumer price inflation outlook for the following two years suggesting that interest rate cuts may not be seen in the near future, the BoJ reported on Wednesday. Bank of Japan kept its monetary easing at a level of JPY 60-70 trillion a year.

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Wed, 22 Jan 2014 08:37:14 GMT

Europe's equities advanced before U.K. labour data

European shares increased on Wednesday together with Asian markets before a government report showed that unemployment in the United Kingdom declined in November to a level of 7.3% and as jobless claims are forecast to drop by 32,000 in December. The Euro Stoxx 50 Index jumped as much as 0.4% by 7:34 a.m. London time.

Wed, 22 Jan 2014 09:32:04 GMT

India's central bank recommended to keep inflation at 4%

India's central bank was recommended to implement an inflation target by an expert committee led by Governor of the Reserve Bank of India Urjit Patel, the country's central bank revealed in a report on Wednesday. The report showed that the committee suggested maintaining the consumer price inflation at a level of 4% with volatile range of +/-2%.

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