Posted by Reuters: Business News on June 24, 2010
WASHINGTON (Reuters) – The Federal Reserve acknowledged a faltering pace of U.S. economic recovery on Wednesday as it renewed its vow to hold benchmark interest rates exceptionally low for an extended period.



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Posted by Reuters: Business News on June 23, 2010
WASHINGTON (Reuters) – The Federal Reserve acknowledged a faltering pace of U.S. economic recovery on Wednesday as it renewed its vow to hold benchmark interest rates exceptionally low for an extended period.



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Posted by Reuters: Business News on June 22, 2010
NEW YORK (Reuters) – Stock index futures dipped on Tuesday as investors reassessed a vow by China for more flexibility on its currency and turned cautious ahead of data expected to show a slight rise in U.S. home sales.



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Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock index futures dipped on Tuesday as investors took a more cautious view over China’s vow of more yuan flexibility, while data on home sales was on tap later in the morning.



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Posted by Reuters: Business News on
SHANGHAI (Reuters) – China pulled back the veil on its new currency regime a little further on Tuesday, appearing to engineer a fall in the yuan to make clear its vow of flexibility did not include one-way bets for appreciation.



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Posted by Reuters: Business News on
SYDNEY (Reuters) – China’s yuan jumped on Tuesday to its highest level since the currency was revalued in 2005 as the central bank signaled it would tolerate yet further gains to make good on its vow for more foreign exchange flexibility.



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Posted by Reuters: Business News on June 21, 2010
NEW YORK (Reuters) – Stocks rose on Monday but were off early highs as investors digested China’s vow to allow a flexible yuan currency.



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Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks rose on Monday as China’s vow to allow a flexible yuan currency reassured investors about the global recovery and improved the profit outlook for many U.S. multinational companies.



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Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks climbed on Monday as China’s vow to allow a flexible yuan invigorated optimism in the global recovery and raised the outlook for sales in the long term at U.S. multinationals.



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Posted by Reuters: Business News on
NEW YORK (Reuters) – Socks rose at the open on Monday as China’s vow to allow a flexible yuan invigorated optimism in the global recovery and raised the outlook for sales in the long term at U.S. multinationals.



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