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Fed officials monitor market volatility, say inflation remains a priority

Fed officials monitor market volatility, say inflation remains a priority

Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – U.S. Federal Reserve officials on Monday put an end to rising volatility in global markets, from falling U.S. stocks to currency turmoil overseas, and said their priority remained control. domestic inflation. When asked at a Washington Post event whether he felt …

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Britain scares away investors with historic tax cuts and borrowing

Britain scares away investors with historic tax cuts and borrowing

Kwarteng slashes top income tax rate amid growth momentum Huge increase in UK government debt issuance expected Gilts suffer biggest drop in decades Pound drops 3% to new 37-year low against dollar LONDON, Sept 23 (Reuters) – Britain’s new finance minister Kwasi Kwarteng on Friday announced historic tax cuts and huge increases in borrowing in …

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EU watchdog proposes emergency brake for energy markets

EU watchdog proposes emergency brake for energy markets

Join now for FREE unlimited access to Reuters.com Register ESMA wants more control over energy markets Overwatch flags need more drastic changes Increase transparency in OTC and physical markets LONDON, Sept 22 (Reuters) – A temporary curb on gas and power derivatives when prices spike could improve the functioning of energy markets, the Union securities …

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Japan intervenes in the foreign exchange market to stem the fall of the yen after the BOJ keeps rates extremely low

Japan intervenes in the foreign exchange market to stem the fall of the yen after the BOJ keeps rates extremely low

Join now for FREE unlimited access to Reuters.com Register BOJ maintains ultra-low rates and dovish policy guidance Japanese diplomat FX said it had taken ‘decisive’ action Confirmation of the intervention causes the dollar to fall by more than 2% Analysts doubt Tokyo can continue to support the yen TOKYO, Sept 22 (Reuters) – Japan intervened …

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China's Nio takes on BMW and Mercedes in domestic market with flexible battery plan

China’s Nio takes on BMW and Mercedes in domestic market with flexible battery plan

People visit the Nio booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Sept 21 (Reuters) – Chinese electric car startup Nio is seeking to capture a share of the growing European electric vehicle market by …

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