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BoE FPC says can support growth as well as stability
Jul 6th, 2012
LONDON (Reuters) - The Bank of England's new financial risk watchdog said on Friday that it would be able to support economic growth alongside its primary aim of ensuring financial stability. Chancellor George Osborne announced last month that he wanted the Financial Policy Committee to support government economic policies in the same way that its interest rate-setting counterpart the Monetary Policy Committee does. ... (Source: Reuters) -
By Jeff Mason and Roberta Rampton BERLIN (Reuters) - U.S. President Barack Obama said on Wednesday Afghans must talk to each other to resolve the conflict in their country even though huge mistrust exists between the government and its Taliban foes. Obama was speaking in Berlin a day after the United States said it would begin talks with the Taliba... [Full Article]
TOKYO (Reuters) - Japan's Nikkei share average rose to a one-week high on Wednesday, helped by a second-straight day of gains on Wall Street as investors bet that the Federal Reserve would temper worries about an imminent roll back of its stimulus programme. The Nikkei rose 2.0 percent to 13,265.53, while the Topix gained 2.1 percent to 1,108.... [Full Article]
By John Tilak TORONTO (Reuters) - Canada's resources-heavy stock market, which has struggled to gain traction in 2013, is expected to kick into gear in the second half of the year as the global economy rebounds, a Reuters poll found. The median forecast in a poll of 40 market strategists, taken in the past week, shows the Toronto Stock Exchang... [Full Article]
WASHINGTON (Reuters) - Consumer prices rose in May and a gauge of underlying price pressures showed signs of stabilizing after a long decline, a potential comfort to Federal Reserve policymakers who would like to see stronger inflation. The Labor Department said on Tuesday its Consumer Price Index edged 0.1 percent higher, a slightly weaker gain th... [Full Article]
LONDON (AP) - The escalation in the clashes between Turkey's government and protesters could hurt one of the world's recent economic success stories, spelling uncertainty for a country that has become a source of growth and stability in a region hit by recession and unrest. (Source: Associated Press)... [Full Article]
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