A woman wearing a protective face mask crosses the road in front of the Bank of England for a morning rush hour on March 17, 2020 in the city of London. The UK’s financial district is unusually quiet following a government request for people to stay away from all but …
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Turkish President Recep Tayyip Erdogan attended a news conference in Budapest, Hungary on November 7, 2019. Bernadette Szabo | Reuters Turkey’s sliding currency hit a new low on Tuesday, trading in London late in the afternoon with a record 8.8 lira per dollar, amid investor resentment over the central bank’s …
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Boston President and CEO Eric S. Rosegren Federal Reserve Bank Keith Bedford | Reuters Boston Federal Reserve President Eric Rosnegren said Thursday that lower interest rates have put more risks on commercial real estate and the current economic downturn will be more severe. A central bank official said he expects …
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Mounted police officers sit outside the Royal Exchange and the Bank of England in London on June 17, 2020. Tolga Ekman | AFP by Getty Images LONDON – The Bank of England on Thursday kept interest rates unchanged and maintained its current asset purchase levels, but warned that the outlook …
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The Federal Open Market Commission raised concerns at its recent meeting on the future of the economy, saying the coronavirus is likely to continue to stunt growth and pose potential dangers to the financial system. At the July 28-29 session, the Federal Reserve’s policy-making arm voted to keep short-term interest …
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