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ECB to push back over mounting rate-hike expectations

The European Central Bank kept policy unchanged on Thursday as widely expected, holding fire before a crucial December decision on whether to end emergency stimulus and return policy to a more normal setting.

Sunak announces UK growth upgrade, pledges to control inflation

Finance minister Rishi Sunak used an upgrade to Britain's economic recovery forecasts to promise higher public spending and new tax cuts, and he vowed to protect households from the sharp rise in inflation that could approach 5% next year.

Global supply chain logjams, costs in focus as restaurant chains report earnings

Investors hope to gauge the impact of the global supply-chain logjam on restaurant expansion plans when McDonald's Corp , Starbucks Corp and Yum Brands Inc report capital expenditures in their earnings this week.

Taiwan seen growing 4% in Q3 on pandemic hit, but exports help

Taiwan's trade-reliant economy is expected to have expanded at a slower pace in the third quarter due to the island's COVID-19 outbreak, a Reuters poll showed, though supported by export growth and healthy global demand for semiconductors.

BOJ to defy global rate hike trend, cut price outlook

The Bank of Japan is set to maintain its massive stimulus programme on Thursday and slash this year's inflation forecast in a sign it has no intention to follow other central banks eyeing exits from crisis-mode policies.

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