RBNZ lifts rates by 25 basis points

Note: This section contains information in English only.
Source: RTT News
The New Zealand's national bank decide to increased its benchmark interest rates on Thursday rising the rates for the first time in over a three-year period, a report released by the bank showed on today. The Reserve Bank of New Zealand lift its benchmark Cash Rate from 2.5% to 2.75% matching economists' estimates.

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Thu, 13 Mar 2014 07:22:54 GMT

ECB may keep rates at current level or lower: Praet

The European Central Bank will likely to keep its benchmark interest rates at current level or lower on signs that the euro-area gross domestic product is struggling despite signs of an improvement, Peter Praet from the bank's Executive Board said on Wednesday. He also added that the two percent inflation target is not achieved.

Thu, 13 Mar 2014 07:21:36 GMT

China's Premier says 7.5% target is flexible

Economic growth of the world's second largest economy will likely to record 7.5% increase in 2014, however the Chinese Premier Li Keqiang declared that the target is flexible, Li added on a press conference on Thursday. According to Li, China's income generations and job creation are key factors of policies and that the GDP growth will be tolerated either slightly

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