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Germany’s Laschet says trusts ECB to keep inflation in check

Germany’s Laschet says trusts ECB to keep inflation in check

© Reuters. Christian Democratic Union (CDU) candidate for chancellor Armin Laschet holds a news conference in Berlin, Germany, September 13, 2021. REUTERS/Michele Tantussi FRANKFURT (Reuters) -Armin Laschet, the conservative candidate bidding to succeed German Chancellor Angela Merkel in this month’s election, said he was confident the European Central Bank (ECB) would achieve price stability, as…

‘Not true’: IMF chief Georgieva denies pro-China pressure on World Bank report

‘Not true’: IMF chief Georgieva denies pro-China pressure on World Bank report

© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva talks to Chinese Premier Li Keqiang before a news conference following the “1+6” Roundtable meeting at the Diaoyutai state guesthouse in Beijing, China November 21, 2019. By Andrea Shalal and David Lawder WASHINGTON (Reuters) -International Monetary Fund chief Kristalina Georgieva on Friday denied…

China applies to join Pacific trade pact to boost economic clout

China applies to join Pacific trade pact to boost economic clout

2/2 © Reuters. FILE PHOTO: Chinese Commerce Minister Wang Wentao attends a State Council Information Office news conference in Beijing, China February 24, 2021. REUTERS/Carlos Garcia Rawlins 2/2 BEIJING (Reuters) -Japan said it would have to determine if China meets the “extremely high standards” of the Comprehensive and Progressive (NYSE:PGR) Agreement for Trans-Pacific Partnership (CPTPP)…

Brazil’s Bolsonaro hikes finance tax to pay for pandemic welfare program

Brazil’s Bolsonaro hikes finance tax to pay for pandemic welfare program

© Reuters. Brazil’s President Jair Bolsonaro looks on during a ceremony at the Planalto Palace, in Brasilia, Brazil September 15, 2021. REUTERS/Adriano Machado RIO DE JANEIRO (Reuters) – Brazil President Jair Bolsonaro on Thursday signed a decree to raise taxes on financial transactions for three months to pay for the so-called Auxílio Brasil pandemic welfare…

ECB’s Lane reveals in private meeting inflation target may be met by 2025

ECB’s Lane reveals in private meeting inflation target may be met by 2025

© Reuters. FILE PHOTO: European Central Bank Chief Economist Philip Lane speaks during a Reuters Newsmaker event in New York, U.S., September 27, 2019. REUTERS/Gary He/File Photo FRANKFURT (Reuters) -European Central Bank (ECB) chief economist Philip Lane revealed in a private meeting with German economists that the ECB expects to hit its 2% inflation goal…

Japan firms see economy recovering to pre-COVID level in FY2022: Reuters poll

Japan firms see economy recovering to pre-COVID level in FY2022: Reuters poll

© Reuters. FILE PHOTO: A businessman stands on a terrace overlooking a banking district in Tokyo, Japan, February 16, 2016. REUTERS/Thomas Peter By Tetsushi Kajimoto TOKYO (Reuters) – A majority of Japanese firms say the world’s third-largest economy will recover to pre-pandemic levels in fiscal 2022, a Reuters poll showed, with many anticipating they will…

Yellen, Harris urge childcare investments to boost overall U.S. economy

Yellen, Harris urge childcare investments to boost overall U.S. economy

3/3 © Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing to examine the FY22 budget request for the Treasury Department on Capitol Hill in Washington, DC, U.S., June 23, 2021. Greg Nash/Pool 2/3 By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen and Vice President Kamala…