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World News

China cuts key rates as weak batch of July data darkens economic outlook

Estimated read time 1 min read

China’s industrial output, retail sales growth slows July data adds to recent raft of weak indicators, point to sluggish recovery Central bank cuts one-year MLF […]

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Minutes Show an Uncertain Fed Poised to Raise Interest Rates Further to Quell Sticky Inflation

Estimated read time 1 min read

When Federal Reserve policymakers met last month to consider raising interest rates, they appeared as surprised as ordinary Americans about why the central bank’s historic […]

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Bank of England hikes rates to 5% in surprise move

Estimated read time 2 min read

LONDON, June 22 (Reuters) – The Bank of England raised interest rates by a bigger-than-expected half a percentage point on Thursday after it said there […]