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By Rainer Buergin, Bloomberg |
August 27, 2012
Germany and France agreed to drive ahead measures on closer European integration in a renewed show of unity by the region’s two biggest economies to fix the crisis in the Eurozone.
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By Steve Matthews and Eleni Himaras, Bloomberg |
August 27, 2012
Federal Reserve Bank of Chicago President Charles Evans urged the central bank to begin a third round of bond purchases and to persist with the buying until U.S. unemployment declines for at least six months.
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By Joseph Ciolli, Bloomberg |
August 27, 2012
The euro approached a seven-week high against the dollar after German business confidence fell less than some economists forecast, suggesting the region’s largest economy can withstand the sovereign-debt crisis.
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By John L. Caiazzo |
August 26, 2012
The ongoing rhetoric from various heads of state referring to their implied resolution of the European debt crisis does little to fuel confidence that a solution is forthcoming soon.
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By Michael McFarlin |
August 24, 2012
In what is becoming a yearly tradition, Federal Reserve Board Chairman Ben Bernanke’s policy came under scrutiny by Congressional Republican leaders.
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By Susanne Walker, Bloomberg |
August 24, 2012
Treasuries rose in the longest rally in more than a year as the European Central Bank was said to wait until a court ruling before unveiling full details of a bond-buying plan to help resolve the region’s debt crisis.
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By Steve Matthews, Bloomberg |
August 23, 2012
Federal Reserve Bank of St. Louis President James Bullard said recent signs of improvement in the economy would prompt him to oppose any new program by the Fed to buy bonds to reduce borrowing costs.
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By John Detrixhe and Emma Charlton, Bloomberg |
August 23, 2012
The dollar fell to the weakest level against the euro in almost seven weeks as jobless claims rose last week to a one-month high, increasing speculation that the Federal Reserve will seek to stimulate economic growth.
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By Rita Nazareth and Inyoung Hwang, Bloomberg |
August 21, 2012
Stocks rose, sending U.S. benchmark indexes above their highest closing levels in more than four years
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By Joseph Ciolli, Bloomberg |
August 4, 2012
The dollar fell as risk appetite increased amid continued speculation that central banks may take further steps to boost economic growth.