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IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

October 9, 2016 by · Leave a Comment 

International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery. Lipton also shrugged off the view that monetary policy was nearing its limit as a means to revive economies across the globe, stressing that central banks must be open to new ideas to help spur growth. “Central banks have to always be ready to…

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IMF’s Lipton likes Bank of Japan policy revamp, calls for more ‘arrows’

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Banks ponder the meaning of life as Deutsche agonizes

October 9, 2016 by · Leave a Comment 

By Carmel Crimmins and Olivia Oran WASHINGTON (Reuters) – It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week. “This new world of low interest rates and even negative …

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Banks ponder the meaning of life as Deutsche agonizes

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Oil hits 2016 high on U.S. draw forecasts, Nigeria woes

June 8, 2016 by · Leave a Comment 

Oil prices jumped more than 1 percent on Tuesday, hitting 2016 highs, with U.S. crude settling above $50 a barrel the first time in almost a year, on expectations of domestic stockpile draws and worries about global supply shortfalls from attacks on Nigeria'

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Oil hits 2016 high on U.S. draw forecasts, Nigeria woes