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ECB Could Tweak Its Pandemic Stimulus as Bond Yields Surge, Germany's Weidmann Says
The European Central Bank could tweak its coronavirus-related stimulus program, Germany’s central bank governor told CNBC Wednesday, with officials wary of recent increases in bond yields.
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The Market Is Getting Nervous About Powell's Testimony This Week
Rising bond yields and accompanying inflation fears are adding a level of drama to Powell’s appearance.
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Lagarde Stands by Growth Forecasts Despite New Lockdowns Hitting Europe
The ECB is sticking to its growth projections despite new coronavirus restrictions that could extend the economic crisis in the euro area.
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ECB Expands and Extends Its Bond Buying as Coronavirus Resurgence Weighs on the Recovery
Markets had largely expected the central bank to add to its bond buying, having vowed in October to “recalibrate its instruments.”
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Delay in Vaccine Rollout Is the Top Risk to the Economic Recovery, ECB Member Says
A potential delay to the distribution of coronavirus vaccines is the biggest economic risk, European Central Bank member Stournaras said.
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ECB Member Explains Why This Recession Is Very Different From Any Other
The current recession raises new challenges for central bankers and lawmakers, a European Central Bank board member told CNBC.
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Here Are the Things That Scare Jerome Powell the Most About the Economy Right Now
Powell said he worries about women, children and business owners who face long-term consequences from the coronavirus.
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G-20 Finance Officials Pledge to Protect Global Growth
Finance ministers and central bank chiefs from the Group of 20 major economies wrapped up a meeting in Japan on Sunday with a pledge to use all the policies they can to protect global growth from disruptions due to trade and other tensions. The G-20 finance leaders said in a joint communique that risks from trade and geopolitical tensions were...
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G-20 Calls for More Dialogue on Rising Trade Tensions
The world’s top financial officials called Sunday for more dialogue on trade disputes that threaten global economic growth, with one warning that differences remain and tensions could escalate further. The two-day meeting of finance ministers and central bankers from the Group of 20 nations came as the United States clashes with China and other nations over trade, with the nations...
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India, Canada Defend Free Trade as US Imposes Tariffs
Just hours after U.S. President Donald Trump approved new tariffs on imports, the leaders of Canada and India came out forcefully Tuesday against a drift toward protectionism in the global economy. While Indian Prime Minister Narendra Modi said new barriers to trade could pose a danger on a par with climate change and extremist attacks, his Canadian peer, Justin Trudeau,...
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Glamour Magazine Names ‘Emily Doe,' Sex Assault Survivor in Stanford Brock Turner Case, ‘Woman of the Year'
Glamour Magazine on Tuesday named a young woman at the center of the high-profile the Stanford sexual assault as a woman of the year.