NIESR forecasts BoE's base interest rate to remain unchanged

Note: This section contains information in English only.
Source: WBP Online
The UK's National Institute of Economic and Social Research revised down its growth forecast for the current year from 2.3% to 2.0%. In addition, the NIESR stated that the Bank of England's key interest rate would stay at the same level until the end of 2017, despite the Brexit outcome.
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Tue, 10 May 2016 14:32:04 GMT

Wholesale Inventories rise 0.1% in US

The Department of Commerce reported on Tuesday that Wholesale Inventories in the United States increased 0.1% month-over-month in March, in line with market expectations and surpassing the previous month's reading, which was revised downward to -0.6% from the earlier estimate of -0.5%.

Tue, 10 May 2016 13:44:15 GMT

UK trade gap narrows in March

According to the latest data, the UK trade deficit narrowed more-than-expected in the third month of the year. The country's trade gap shrank from February's revised 11.4 billion to 3.8 billion pounds, surpassing the 4.2 billion forecast, the Office for National Statistics said on Tuesday. Nevertheless, the trade deficit in the Q1 of 2016 showed a 13.3 billion reading, the

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