Fed policymakers see cautionary tale in Europe’s inflation fight

3/3 © Reuters. FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans looks on during the Global Interdependence Center Members Delegation Event in Mexico City 2/3 By Ann Saphir (Reuters) – Federal Reserve policymakers once pointed to Japan as the posterchild for what can go wrong for a central bank when it comes to fighting […]

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Analysis: Excessive exuberance: Canada home prices boil over as policymakers sit back

4/4 © Reuters. FILE PHOTO: A Royal LePage real estate sign is marked “Sold” in front of a house in Ottawa 2/4 By Julie Gordon and Nichola Saminather OTTAWA (Reuters) – Canada’s red-hot housing market has become a bonfire, spurring comparisons to earlier bubbles and prompting calls for cooling measures. But policymakers are standing back, […]

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Fed policymakers urge Congress, state and local government action to close racial gaps

© Reuters. Newly painted “Black Lives Matter” mural along 5th Avenue outside Trump Tower in New York City By Jonnelle Marte (Reuters) – More action is needed from Congress and state and local governments to adequately address wealth and income inequalities, two Federal Reserve policymakers said on Monday. The Fed is helping to raise awareness […]

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Fed policymakers say pickup in infections slowing U.S. economic recovery

2/2 © Reuters. Federal Reserve Vice Chairman Clarida greets a member of the Dallas Fed staff in Dallas 2/2 By Jonnelle Marte NEW YORK (Reuters) – A resurgence in coronavirus cases is slowing the economic recovery and the pandemic will continue to weigh on the U.S. economy and American life for longer than initially expected, […]

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Fed policymakers call for fiscal support to save U.S. economy

2/2 © Reuters. Dallas Federal Reserve Bank President Robert Kaplan speaks during an interview in his office at the bank’s headquarters in Dallas 2/2 By Ann Saphir and Lindsay (NYSE:) Dunsmuir (Reuters) – The U.S. economy, battered by a resurgence in the spread of COVID-19, needs increased government spending to tide over households and businesses […]

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Get your act together against virus, ECB policymakers tell governments

FRANKFURT (Reuters) – Euro zone governments should “get their acts together” and respond to the coronavirus pandemic and its economic fallout in a bold and coordinated way now that the ECB has secured cheap financing for it, two ECB rate-setters said on Friday. The central bank governors of Finland and Spain revived ideas such as […]

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