Investors remain cautious ahead of the latest monetary policy news from the European Central Bank.
Only 12 and 4 sentences pertain to monetary good news in the employment and 4 industrial relations category respectively.
The CSR disclosures in the fourth category social are mostly focused on local communities with mostly declarative and non-monetary good news being the norm.
For instance, there's the harsh winter that brings illness and death to many underfed, badly clothed Lowood students in Charlotte Bronte's Jane Eyre, and the deep snow St. John Rivers trudges through to impart major monetary and familial news to Jane in her teacher's cottage.
If you're looking for news about monetary policy, read no further.
"The near future will be very difficult for the country and its people," Olli Rehn, the European Union commissioner for economic and monetary affairs, told the news conference.
On Tuesday the International Monetary Fund, encouraged by news from America, Japan and the euro zone, raised its global growth forecast for 2014 by 0.1 percentage point, to 3.7%.
For if the practical impact of inflation news on monetary policy falls to zero, the Fed will react only to deviations of unemployment from its target.
On Thursday, Christine Lagarde, managing director of the International Monetary Fund, holds a news conference in Washington, and the Consumer Financial Protection Bureau conducts a hearing in Atlanta about its plans for oversight of the mortgage servicing industry.
"If we fail to take action in these clear-cut cases, it is difficult to see when an 'early warning' could ever be issued," said Pedro Solbes, commissioner for economic and monetary affairs, at a news conference.
