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Economy And The Numbers

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BusinessInventories-121417.jpg A report released by the Commerce Department on Thursday showed a modest decrease in U.S. business inventories in the month of October. The Commerce Department said business inventories edged down by 0.1 percent in October after showing no change in September. The slight drop in inventories matched...

MarioDraghi-121417.jpg The European Central Bank raised the euro area growth forecasts, as it gained confidence from the strong momentum this year, but inflation was seen to remain short of its target into 2020, which Mario Draghi called a "muted" news that warrants support from massive monetary stimulus.

ImportExport-US-121417.jpg A report released by the Labor Department on Thursday showed U.S. import prices increased in line with economist estimates in the month of November, while export prices rose by much more than anticipated. The Labor Department said its import price index climbed by 0.7 percent in November after inching...

Joblessclaims-US-121417.jpg First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended December 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dropped to 225,000, a decrease of 11,000 from the previous week's unrevised level of 236,000.

Retailsales-US-121417.jpg Retail sales in the U.S. increased by much more than anticipated in the month of November, the Commerce Department revealed in a report released on Thursday. The report said retail sales climbed by 0.8 percent in November after rising by an upwardly revised 0.5 percent in October.

A report released by the Labor Department on Thursday showed U.S. import prices increased in line with economist estimates in the month of November, while export prices rose by much more than anticipated. The Labor Department said its import price index climbed by 0.7 percent in November after inching...

Retail sales in the U.S. increased by much more than anticipated in the month of November, the Commerce Department revealed in a report released on Thursday.

First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended December 9th, according to a report released by the Labor Department on Thursday.

ECB-interestrates-121417.jpg The European Central Bank left its monetary policy stance unchanged on Thursday, after its announced its plan to trim asset purchases at the start of next year in the previous session, marking a calm close to what could be seen as a stellar year for the single currency economy.

The European Central Bank left its key interest rates and its plan to continue its monthly asset purchases at half its current size from January, unchanged on Thursday and reiterated that the rates will remain at their present levels well past the life of the stimulus. The Governing Council, led...

BankofEngland-121417.jpg The Bank of England policymakers unanimously decided to leave its key interest rate unchanged on Thursday after tightening it for the first time in a decade in November. The Monetary Policy Committee, headed by Governor Mark Carney, voted to maintain the benchmark rate at 0.50 percent.

The Bank of England left its key interest rate unchanged on Thursday after raising it for the first time in a decade in November. The Monetary Policy Committee, headed by Governor Mark Carney, unanimously decided to maintain the benchmark rate at 0.50 percent. The bank had raised its rate by a quarter...

Germany is set to log its strongest growth since 2011 next year, think tank ifo predicted on Thursday, as it sharply raised the growth forecasts for the biggest euro zone economy. The Munich-based ifo raised the growth forecast for 2018 to 2.6 percent from 2 percent. "The German economy is in...

swissnationalbank-121417.jpg The Swiss National Bank maintained its expansionary monetary policy stance on Thursday and reaffirmed its commitment to remain active in the foreign exchange market when necessary although the franc weakened against the euro and the US dollar. Further, the bank forecast inflation to exceed its target in three years' time due to the weaker currency.

Ireland's consumer prices increased for the fourth straight month in November, data from the Central Statistics Office showed Thursday. The consumer price index climbed 0.5 percent year-over-year in November, slightly slower than the 0.6 percent increase in October. Utility costs grew 3.7 percent...

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