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 .

UKRAINE economy is experiencing its worst days.

UKRAINE economy is experiencing its worst days.

Ukraine parliament, Yanukovych's prosecution in the International Criminal Court after being caught draft resolution agreed.

Ukraine parliament , Yanukovych 's prosecution in the International Criminal Court after being caught draft resolution agreed. On the other hand, the economic crisis of the political crisis in the country is watching.
In the grip of economic crisis in Ukraine in order to escape from bankruptcy next two years to about $ 35 billion financial aid needs . Moscow government in Ukraine association agreement corresponds to abandon the $ 15 billion in financial aid and 30 percent discounts on the price of gas had promised . However, this assistance comes three billion so far only a portion was released.

UKRAINE economy

Said financial support from the EU came to Ukraine . However, the European Union High Representative for Foreign Policy Catherine Ashton, the EU's goal " is not to interfere support ," he stressed. German Foreign Ministry for European Affairs responsible secretary Michael Roth the Ukraine of the financial assistance , but " in the country of political stability and binding together an aid and stabilization plan, which may be implemented transitional government procurement case " might have been involved , he said. European assistance "for a moment before and comprehensive " Roth says that you need to take a step , but the International Monetary Fund (IMF ) , the United States and Russia said it could do with consensus .
In the U.S. assistance program to complement the IMF announced that it is ready to support . European Parliament Greens Group Co-Chair Rebecca Harms, Ukraine beginning to recover from bankruptcy only to help the IMF and the EU noted that they might have .
Harms, " Initially, the IMF and the EU urgently alone assistance having to be ready to think that they need . Been experienced bill again in Ukraine ordinary people on their backs loaded unacceptable. IMF's roughly one help to do would be disastrous . Western Ukraine capital outflows from the country to stop and return of stolen billion is essential to take the necessary steps , "he said .