China Claims Strong January While Analysts Voice Doubt

China Claims Strong January While Analysts Voice Doubt

China surprised world markets with reports of a strong January. The reported strong growth put to rest some earlier fears about economic slowdown. Reports of a 10.6 percent increase in exports dwarf the predicted two percent increase. The country also reported a trade surplus in excess of $30 billion. However, while the government claims sound […]

Bank of England Considers Raising Interest Rates

Bank of England Considers Raising Interest Rates

The Bank of England (BoE) announced that it could raise interest rates from the current record lows in little more than a year. The Bank of England slashed interest rates to 0.5 percent in 2009, during the international economic crash. As the economy continues to quickly recover, the bank considers various options. On Wednesday, Bank […]