The UK inflation rate surged unexpectedly to 3.1 percent in March, according to official figures. The unexpected acceleration of inflation has pushed the pound to $2 for the first time since September 1992 on increasing speculation interest rates...
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India's Central Bank, Reserve Bank of India may raise its interest rate for the fourth time in a year as record economic growth stokes inflation.
Governor Y. V. Reddy expected to increase the reverse repurchase rate to a five-year high of 6.25...
Notwithstanding with the optimist forecast, the US economy growth rate in the third quarter touched a new low as housing market continues to shake consumer confidence. Gross domestic production of the U.S. rose by 2 percent in the third quarter...
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