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That was only half the rate expected.
That was a tick better than the 12.1 percent rate expected by economists.
It is also above the 4.1 percent rate expected by economists.
The official estimate of output growth in Q3 was 0.4%, substantially below the rate expected by the committee in August.
This would be the zone's strongest growth rate for four years albeit less than half the rate expected for America.
But it is still well above the 13 percent average rate expected for 2009 through 2015 in the United States.
The bank now predicts that earnings growth in 2014 will be 1.25%, about half the rate expected in May.
UK unemployment challenge for Carney as jobless rate expected to fall We are also looking out for the Bank of England minutes and UK borrowing figures for December.
7.35am BST Eurozone jobless rate expected to hit new record Prime Minister Enrico Letta (centre) will meet Angela Merkel for talks in Berlin tonight.
So, Wells Fargo was profiting from overcharging minority clients and profiting from products based on the higher-than-average bad loan rate expected.
The latest batch of closely watched US unemployment data is due out today with the headline jobless rate expected to hold at 9.1%.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com