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Fed's Rosengren: Another strong jobs report could support September taper announcement

Boston Federal Reserve Bank President Eric Rosengren said on Monday that one more month of strong job gains could satisfy the U.S. central bank's requirements for beginning to reduce its monthly asset purchases. ....

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RBI says inflation is on track to meet projections

Earlier this month the RBI raised its 2021/22 inflation forecast to 5.7% from 5.1% and reiterated that it will continue to keep monetary policy accommodative as long as necessary to revive and sustain growth on a durable basis. ....

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NY region service sector business growth slows in August -NY Fed survey

The New York area saw business activity grow at a slower but still significant pace in early August, according to a survey released Tuesday by the New York Federal Reserve. ....

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UPDATE 1-CEE ECONOMY-Central European recovery picks up in Q2 with lockdowns easing

Central Europe's recovery accelerated in the second quarter, data showed on Tuesday, with the easing of lockdown restrictions helping offset the drag on manufacturing from global supply bottlenecks. ....

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Sri Lankan shares rise on financial, industrial boost

Sri Lankan shares ended higher on Tuesday as financial and industrial stocks gained, while the country prepares to tackle the spread of COVID-19. ....

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