Monetary / Fiscal Policy / Policy Makers

U.S. congressional hearing likely to spotlight Powell, Mnuchin split over pandemic lending | Howard Schneider

U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell seem collectively earlier than a congressional panel on Tuesday in a listening to more likely to spotlight divisions over what extra must be performed in response to the COVID-19 pandemic.

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Dollar plumbs two-year low as Fed comes in to focus | Reuters

The greenback fell to a greater than two-year low on Monday and is about to log its largest month-to-month fall since July, as a mixture of vaccine optimism and bets on extra financial easing in the USA drives traders out of the world’s reserve forex.

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Austria's economy grows 12% in Q3 helped by private consumption, investments

in.reuters.com | “Following a coronavirus-related historic droop in Austrian financial output within the second quarter 2020, the summer season noticed an financial rebound in …

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Bank of Canada says global approach needed on digital currencies, working with G7 | Reuters

The Financial institution of Canada is working with its G7 companions on its plans for a digital forex, Governor Tiff Macklem mentioned in an interview, including a “globally coordinated” strategy was wanted to stop suprises and to maintain such instruments from being utilized by criminals.

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UPDATE 1-Mexico's economy rebounds in Q3, but GDP down 8.6% on year

in.reuters.com | MEXICO CITY, Nov 26 (Reuters) – Mexico's financial system bounced again strongly within the third quarter, pushed by a powerful restoration in secondary actions, however …

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Mexico central bank sees economy falling 8.7% to 9.3% in 2020

in.reuters.com | MEXICO CITY (Reuters) – Mexico's central financial institution on Wednesday mentioned financial development might shrink between 8.7% and 9.3% in 2020 and develop …

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UK borrowing to hit peacetime high as economy faces COVID emergency

in.reuters.com | LONDON (Reuters) – Britain will borrow virtually 400 billion kilos this 12 months to pay for the huge coronavirus hit to its economic system, finance minister Rishi …

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Japan economy minister: next three weeks important to stop virus spread

in.reuters.com | … Financial system Minister Yasutoshi Nishimura stated on Wednesday. Earlier, Tokyo referred to as on eating places and bars to shorten their working hours till Dec.

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BOJ digital currency will help boost cryptocurrency trading, says Monex head | Reuters

Central financial institution digital currencies will assist increase buying and selling of cryptocurrencies by offering a extra handy platform for changing cryptocurrencies into authorized tenders, mentioned Oki Matsumoto, head of Japan’s Monex Group .

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BOJ digital currency will help boost cryptocurrency trading, says Monex head | Reuters

Central financial institution digital currencies will assist increase buying and selling of cryptocurrencies by offering a extra handy platform for changing cryptocurrencies into authorized tenders, stated Oki Matsumoto, head of Japan’s Monex Group.

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