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Tougher lending standards pose risk to outlook for Fed

A recent tightening of credit for U.S. companies is threatening to undermine economic growth, making it less likely the Federal Reserve will raise interest rates anytime soon. Fed Chair Janet Yellen …

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Tougher lending standards pose risk to outlook for Fed

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China Lunar New Year holiday retail sales up 11.2 percent year-on-year

BEIJING (Reuters) – China's retail sales grew 11.2 percent during the week-long Lunar New Year vacation compared with the same holiday period last year, Ministry of Commerce data showed on Saturday.

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China Lunar New Year holiday retail sales up 11.2 percent year-on-year