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Fed can be ‘gentle’ in hiking rates, Dudley says

The Federal Reserve can be “gentle” in removing monetary stimulus since U.S. inflation remains low and the economic expansion could last five or more years, one of the most influential Fed policymakers said on Wednesday. “We&#…

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Fed can be ‘gentle’ in hiking rates, Dudley says

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U.S., Canada to continue lumber trade talks as deadline passes

The top U.S. and Canadian trade negotiators said on Wednesday they would continue talks toward a new trade agreement on softwood lumber, despite the expiration of a “standstill” period prohibiting legal challenges over the long-standing dispute. U.S. producers complain that Canadian lumber is subsidized, and they have in the past launched trade challenges that resulted in the United …

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U.S., Canada to continue lumber trade talks as deadline passes

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India’s Mallya says willing to reach ‘reasonable’ debt settlement: FT

Mallya, 60, flew first class from Delhi to London on March 2 at a time when the Indian government and mainly state-controlled banks are trying to recover $1.4 billion owed by his collapsed Kingfisher Airlines

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India’s Mallya says willing to reach ‘reasonable’ debt settlement: FT

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U.S., EU officials say they will not settle for limited trade deal

By David Lawder NEW YORK (Reuters) – U.S. and European Union trade officials said on Thursday they would not settle for a limited trans-Atlantic free trade deal that ignores deep divisions on agricultural products, services, public procurement and dispute resolution. In separate briefings during the latest negotiating round in New York, the U.S. and EU officials said they would …

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U.S., EU officials say they will not settle for limited trade deal