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Sunday, February 5, 2012

Fed extends low-rate vow in bid to help economy

Posted by Reuters: Business News on January 25, 2012

WASHINGTON (Reuters) – The Federal Reserve on Wednesday said it will likely not raise interest rates until at least late 2014, much later than it had said previously, as it nurses a still-sluggish economic recovery.



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Berlin, Paris vow new crisis plan as pressure builds

Posted by Reuters: Business News on October 10, 2011

BERLIN (Reuters) – The leaders of Germany and France have promised to unveil new measures to solve the euro zone’s debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions.



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Berlin, Paris vow new crisis plan as global pressure builds

Posted by Reuters: Business News on October 9, 2011

BERLIN (Reuters) – The leaders of Germany and France have promised to unveil new measures to solve the euro zone’s debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions.



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Berlin, Paris vow new crisis plan as global pressure builds

Posted by Reuters: Business News on

BERLIN (Reuters) – The leaders of Germany and France have promised to unveil new measures to solve the euro zone’s debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions.



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Obama budget to cut deficit by $1.1 trillion

Posted by Reuters: Business News on February 14, 2011

WASHINGTON (Reuters) – President Barack Obama proposed a budget on Monday that would cut the U.S. deficit by $1.1 trillion over 10 years, setting the stage for a bitter fight with Republicans who vow…



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China raises banks’ required reserves again

Posted by Reuters: Business News on January 14, 2011

BEIJING (Reuters) – China’s central bank raised lenders’ required reserves on Friday for the fourth time in just over two months to make good on its vow that inflation fighting will be a top priority…



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G20 finds common ground opposing U.S.

Posted by Reuters: Business News on November 7, 2010

WASHINGTON (Reuters) – The Group of 20 is beginning to look more like the G19 plus 1 as emerging and rich countries alike accuse the United States of breaking a vow of unity.



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Emerging market policymakers vow to combat Fed’s QE2

Posted by Reuters: Business News on November 4, 2010

SEOUL (Reuters) – Policymakers from Brazil to South Korea and China on Thursday pledged to come up with fresh measures to curb capital inflows after the U.S. Federal Reserve said it would print…



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Regulators vow team effort on financial reform

Posted by Reuters: Business News on September 29, 2010

WASHINGTON (Reuters) – U.S. regulators will put up a united front before a divided Congress on Thursday, promising to cooperate on hundreds of new rules aimed at preventing Wall Street excesses from triggering another financial crisis.



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Fed softens economy view as it renews low-rate vow

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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