Bank of England keeps rates low until 2015

Note: This section contains information in English only.
Source: RTT News
The Britain's central bank signaled that its benchmark interest rates are likely to stay unchanged this year as the country's jobless rate declined at a faster rate than originally expected, the Monetary Policy Committee showed in the Inflation Report on Wednesday. The Bank of England may raise its refinancing rates in the Q2 of 2015 matching economists' projections.

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Wed, 12 Feb 2014 17:53:38 GMT

Treasuries fall before auction of $24 billion

U.S. Treasuries decreased on Wednesday falling for the second straight day before an auction planning to sell $24 billion of U.S. notes and as the new Federal Reserve Chairwoman Janet Yellen pledges to keep trimming stimulus measures. The benchmark 10-year securities yielded two basis points higher at 2.74% as of 7:16 a.m. New York time.

Wed, 12 Feb 2014 17:53:17 GMT

India's inflation slows down in January

Inflation in India measured as consumer price index declined at a start of the new year together with a drop in industrial production recorded in the December, a report published by the Central Statistical Office showed on Wednesday. India's consumer price index fell from December's 9.87% to 8.79% in January, while industrial output slipped 0.6% in December.

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