Draghi comments ECB forward guidance might weigh on Euro

Note: This section contains information in English only.
Source: Bloomberg
The European Central Bank President Mario Draghi announced that the forward guidance might weaken the Euro and lower inflation-adjusted interest rates in order to align growth in price level with the bank's 2% target. The shared currency advanced 7.2% versus the U.S. currency in the past year, and posted a 7% gain against the basket of major peers. 
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Fri, 14 Mar 2014 12:45:34 GMT

Chile reduces interest rates for fourth time in six months

The central bank of Chile has cut the interest rates to 4%, which is the fourth time in half year time. The economy in Chile has advanced 1.4% in January, thus still having the slowest economic growth in four years, after the destructive earthquake in year 2010. Despite the slow slow growth at the beginning of the year, the policy

Fri, 14 Mar 2014 12:45:21 GMT

German annual inflation lower than in January

The German annual inflation slowed to 1.2% in February, thus decreasing by 0.1% from January, and still having lower rate than European Central Bank's 2% target rate for the euro zone. The German consumers paid smaller amount for motor fuels, as the prices tumbled 6.3% in February, while prices for electricity soared 2.3% and for food 3.5%.

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