BoE to keep rates until slack of economy ends: Carney

Note: This section contains information in English only.
Source: RTT News
The United Kingdom benchmark interest rates may stay unchanged until the slack in the local economy come to an end, according the Bank of England Governor Mark Carney, adding that the bank is looking for sustainable growth to hike the rates. In the last week's quarterly Inflation Report the bank suggested that the rates may be raised in the Q2 of 2015.

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Mon, 17 Feb 2014 09:28:54 GMT

Turkey's jobless rate stays unchanged in November

Unemployment rate in Turkey remained stabled in November from the month before with the total number of people without a job recording 2.8 million, the latest data revealed by the Turkish Statistical Institute showed on Monday. According to the data, Turkish jobless rate came in 9.9% in November, while in November 2012 the rate was 9.5%.

Mon, 17 Feb 2014 09:19:52 GMT

Australian car sales decline sharply in January

New car registrations in Australia slipped 3.5% in January of this year on a monthly basis, while the indicator for December was revised down to a 1.4% rise. Totally, there were 93,232 cars sold, down 3% on the annual basis. It is worth pointing out that all regions posted a yearly decline with Western Australia and Victoria sales dropping 7.9%

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