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ECONOMIC NEWS

Bank of America has reduced asset purchases.

Bank of America has reduced asset purchases.

Bank of America , the Fed lowered the bond purchase program for the third time in a row .
Bank of America , held its first meeting was chaired by Janet Yellen . Market waiting impatiently asset purchases in the two -day meeting it was decided to reduce the third time . Thus, the monthly asset purchases of 65 billion dollars , 55 billion dollars has been reduced . Earlier, the bank which USD 85 billion in asset purchases had gone twice interrupted .

Bank of America has reduced asset purchases.

Bank management when interest rates will change brought a new perspective on the topic . Unemployment and inflation rates before focusing on management , lots of data to increase interest rates will assess announced . Banks increase interest rates will not be made before 2015 gave the signal .The decisions taken by his predecessor, the new President Yellen said Ben Bernanke's monetary policy was continued .
U.S. unemployment rate 6.7 finally fell to 6.5 percent as the Fed is nearing the threshold set .

The US economy grew by 3.2%

The U.S. economy, Americans are spending 3 years, with the advent of the summit of the 2013 year grew by 3.2% in the fourth quarter.

Today in Washington, data released by the U.S. department of Commerce, annual Gdp growth in the Bloomberg survey median estimate of economists was the same. in the fourth quarter of 2013, the growth of 4.1 percent in the third quarter, with growth of combine, in the second half of the year, and the growth in ending in March 2012, 6 months, since the most powerful half of the year amounted to. 70 percent of the economy, consumer spending, which correspond to the forecasts on increase of 3.3 percent and rose.

The US economy grew by 3.2%

Demands of the ascension of the economy in October, the government of the close of deductions resulting from the top. Decreasing of financial problems and the strengthening of the labour market is probably the 2014 in consumer and corporate demand keep alive, the Fed's bond purchases to reduce explains the reason.

Data before, "the Government in the area of the closure of the process, in spite of a very successful quarter," said Connecticut-based UBS Securities llc, as the economist Sam Coffin, "the Momentum will continue this year. The economy improved, but we'll see," he added.

EUROPEAN ECONOMY is divided.

During the fight against the debt crisis in Europe as the most stringent employee and two allied countries provide the largest contribution to the recovery of the continent's two largest economies Germany and France, draws attention to the increasing alienation from each other.

This division of Europe sever ties holding it together for 60 years , it said.
Survey research center located in Washington , according to the EU in France last year was 60 percent favorable rating , fell to 41 percent this year . 19 point drop , the biggest decline among the EU countries surveyed was .
In Germany 60 percent of the people appeared to look positively to the EU .
Between the two countries in economic indicators, there is a serious division . In France, 56 percent of government expenditure to GDP ratio rose to 45 per cent in Germany
Unemployment in France to 11 percent , while only 5.4 percent in Germany.
France 's trade deficit of 87 billion 700 million dollars in 2012 to historic highs approaching, while Germany's trade surplus was close to a record 246 million dollars.

2014 targets announced in the U.S. economy

The global economy is entering a new era of 2014'l . Recent data in 2013 that marked the uncertainty of the economy in the new year show that slowly disappear . However, economists still cautiousU.S. unemployment rate is still high . The debt crisis in Europe to create problems , China's economy continues to slowdown . Here's what to expect from the economy in 2014 .Increasing the number of people who work in the United States , the economy entered a period of rapid growth in the last two years and the budget approved by the Congress , the government has eliminated the threat will lead to the closure case .
 The global economy is entering a new era of 2014'l . Recent data in 2013 that marked the uncertainty of the economy in the new year show that slowly disappear . However, economists still cautiousU.S. unemployment rate is still high . The debt crisis in Europe to create problems , China's economy continues to slowdown . Here's what to expect from the economy in 2014 .Increasing the number of people who work in the United States , the economy entered a period of rapid growth in the last two years and the budget approved by the Congress , the government has eliminated the threat will lead to the closure case .
 Small businesses are supporting John Arensmey , a better environment for business in 2014, predicts. Arensmeyer , according to a government shutdown unless such a situation happening again may well be a better year in 2014 .

However, according to economists Uri Dadus , a 7 per cent growth forecast for China's economy in the region even be an extremely effective means . Dadus , China 's economy will slow down in the next one to two years , but in many countries, even in the case of China will continue to be the locomotive of the opinion .
The increase in demand from Cambodia to Japan is bringing benefits to many countries of the European economy remains fragile .The European Commission , in 2014 , will slow economic growth in the 18 countries that use the euro , has predicted that unemployment will increase .
 By Uri Dadus , despite reforms in the banking sector rescue package of austerity measures in the countries of the European economy continues to be a burden . Italy 's head is in very big trouble stating Dadus , Spain, Portugal and Ireland are also found in the complex will take years of exiting argues.Bank of America decided to cut in the Fed's bond purchases effects of the global economy will be immediately apparent . According to economists , the economy, commodity raw material prices fall next year azalacak.daduş sourced income countries , these countries between Turkey, Brazil, Hungary and Indonesia was also noted.

Measures in the government's agenda

U.S. President Barack Obama , taking measures for improving income distribution be on the agenda of the government , he said.

Speaking to the U.S. income distribution in the late 1970s since the constantly disturbed by expressing the beginning Obama , in the 1970s the top income quintile, located in the segment's total revenue to 30 percent , while today this ratio to 50 per cent up , he recalled.

Obama , 2 After World War II economic growth in the years a company director general of the average worker from the 20-30 times more than won , but today this ratio is approximately 273 times more about the knowledge sharing , these changes partly technological developments share even though the economic policies of the role of the not ignore the need to said.

Obama , economic growth, more fragile , to be periods of recession more often occur and people together rely less on income distribution inequality in the negative effects found among the telling, today , at this point no longer inequality a racial or ethnic problem class problems believed to be emphasized. He 's also the country with the opportunities of a better life with his parents from his grandfather, Obama has stated that the " fight against inequality acts as a personal case ," he said .

Their views on combating inequalities in income distribution, explaining the Obama mentioned the importance of economic growth for this purpose , whether income inequality cake remained stable or shrank stressed that the fight is not possible.

In the eyes of the world the United States Congress / ABD EKONOMSİ VE KRİZ

the world's attention in the U.S. Congress . On Oct. 1, federal agencies and most of the services on the door shutters hit forced the budget crisis of a kind that can not resolve the U.S. Congress , the world's top economy , the budget crisis is more important than an economic crisis brought to the brink of . Congress of the U.S. Treasury debt ceiling if the upgrade until midnight , the U.S. Treasury's spending within the state from tomorrow and may not be enough money to pay off their debts . The Obama administration and Democrats in the U.S. in the last half century , one of the biggest domestic policy reform and the Obama administration agreed that the greatest triumph of the health insurance reform do not seem to compromise the . Democrats , in order to close the budget deficit will affect the poorest segments of social programs and aid cuts so it does not look hot in the Senate and House of Representatives a common law does not appear likely to compromise . with the pressure of world public opinion to the solution of important events in the mechanisms established party Party conservative lawmakers who stand between chaos solutions converging Boehner 's leadership is being questioned. Republican senators and deputies began to criticize the attitude of the party .

U.S. economy

U.S. economy may enter a recession, it is claimed. but the U.S. economy, a clear distinction of being the world's number one economy is maintained. The U.S. government continuously increasing in recent years and reached a very large size of the budget deficit, tended to decline in recent years. The U.S. economy compared to the EU economy is still in good condition. To be followed for the U.S. economy the most important issue is the current

account deficit. the face of a rapidly growing current account deficit of the U.S. government would follow a way out how the entire world eagerly awaits. In a very large proportion of U.S. economic activity is based on consumption. a moment before the U.S. current account deficit and can not find a solution to the mortgage crisis in the face of the rapidly growing Chinese economy will become not hold.

american economy

Obama said at the White House in front of the camera for more than 200 years, having first was now in danger of default. These twin threats to our economy has been removed. made a statement. Decisions of government services also contains unfunded until January 15.
U.S. JPMorgan Chase, Goldman Sachs and Bank of America as the leading banks Dunn is a member of the Financial Services Forum lobbying group filed a petition to raise the debt ceiling requested.