Yellen to continue with Bernanke policy

Note: This section contains information in English only.
Source: RTT News
Janet Yellen, the Fed's new chairwoman, said to Congress that she approves the monetary policy of Ben Bernanke and will continue to work in the same direction, tapering stimulus in line with labor market improvement. Moreover, the 6.5% jobless rate will not mean an automatic increase of interest rates, as the Fed will track other important indicators, such as job creation, economic growth and inflation.
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Wed, 12 Feb 2014 17:51:34 GMT

Aussie gains amid upbeat China data

The Australian Dollar increased on Wednesday trading session hitting the strongest level in a month after a government report showed that China's trade balance improved in the last month and as the new U.S. Federal Reserve Chai Janet Yellen testified to lawmakers yesterday. The so-called Aussie advanced 0.2% to $0.9052 following a gain to the most since January 13 at

Wed, 12 Feb 2014 10:57:06 GMT

IMF says no additional stimulus needed in Japan

According to the International Monetary Fund officials, Japanese economy does not need any additional stimulus so far, as inflation is increasing towards its target of 2%. At the same time, the BoJ should think about new easing, if inflation stops rising. Moreover, the BoJ economists say that for now any additional easing may bring more negative than positive effects for

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