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Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data
ReutersNEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...Tags: UBS AG, Car Safety Tips and Advice, Government, Tampa, Global Expansion
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ECB to keep monetary policy loose for as long as needed
ReutersORLEANS, France (Reuters) - The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday. With the euro zone economy stuck in recession, the ECB...Tags: Berlin (Germany), Market and Exchange, Money and Monetary Policy, Foreign Exchange Market, Economy, Business and Finance
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COLUMN - The radical force of 'Abenomics': Kaletsky
Reuters(Anatole Kaletsky is a Reuters columnist but his opinions are his own.) By Anatole Kaletsky May 17 (Reuters) - The 3.5 percent gross domestic product growth announced by Tokyo on Wednesday suggests that Japan may be the fastest-growing economy in the...Tags: Auto Trends, Nikkei, Prices, Shinzo Abe, Politics
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Top four central banks may change the tune
ReutersLONDON (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top four central banks are...Tags: Financial Markets, Nikkei, Mario Draghi, Politics, Inflation and Deflation
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Six Democrats vie for four Bethlehem City Council seats
With two incumbents not seeking reelection, the Democratic primary race for Bethlehem City Council includes some familiar names and political newcomers going after four seats. Eric Evans is seeking a second term on council and Karen Dolan a third....Tags: Elections, Primaries, Interior Policy, Housing and Urban Planning, Economy, Business and Finance
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Fed's Williams sees cuts to QE3 by summer if jobs market improves
ReutersBy Ann Saphir PORTLAND, Ore, May 16 (Reuters) - The U.S. Federal Reserve could begin easing up on the monetary gas pedal this summer and end its bond buys late this year, a top Fed official said Thursday, citing "good news" on the outlook for jobs....Tags: Career and Workplace, Employment, Money and Monetary Policy, Economic Indicator, Economy, Business and Finance
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China president takes charge of sweeping economic reform plans-sources
ReutersBy Kevin Yao BEIJING, May 17 (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local...Tags: Political Fundraising, Hu Jintao, Local Government, Politics, Xi Jinping
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Central banks saved world economy, now beware the fallout: IMF
ReutersWASHINGTON (Reuters) - Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday....Tags: Politics, Globalization, Inflation and Deflation, International Organizations, Money and Monetary Policy
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China president takes charge of sweeping economic reform plans: sources
ReutersBEIJING (Reuters) - Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalize the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate...Tags: Political Fundraising, Hu Jintao, Politics, Local Government, Xi Jinping
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Fed's Raskin: Too soon to judge if recent Fed action working
ReutersWASHINGTON (Reuters) - The economy faces an important drag from fiscal policy and remains a long way from full health, a senior Federal Reserve official said on Thursday, warning it was premature to judge the impact of the Fed's latest action to spur...Tags: Crime, Law and Justice, Budgets and Budgeting, Employment Opportunities, Unemployment, Judges
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Despite U.S. progress, Fed easing still needed: Rosengren
ReutersMILAN (Reuters) - Highly accommodative monetary policies are still needed despite a stronger U.S. economy and some improvement in the country's labor market, a top Federal Reserve official said on Thursday. In a subtle departure from past speeches,...Tags: Budgets and Budgeting, Employment Opportunities, Unemployment, Inflation and Deflation, Milan (Italy)
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Fed should declare victory on housing, end MBS purchases: Fisher
ReutersHOUSTON (Reuters) - The U.S. Federal Reserve should withdraw its targeted support of the housing sector now that it is on its way to recovery, a top Fed official said on Thursday. "I think we can rightly declare victory on the housing front and reef in...Tags: Money and Monetary Policy, Economy, Business and Finance, Labor Markets, Central Bank, Economy
May 17, 2013
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May 17, 2013
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May 17, 2013
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May 16, 2013
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May 16, 2013
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May 16, 2013
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