(Reuters) – The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures, much less than some had forecast, Interfax cited Prime Minister Roman Golo[...]
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December 24, 2022
German inflation to stay high for two years – adviser
BERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and in some cases exaggerate them, the head of the council of economists that advises[...]
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ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to bring down inf[...]
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China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate policy in light of sluggish economic growth over the past several years[...]
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Wall Street ends up as investors eye data for rate prospects, energy outperforms
By Sinéad Carew and Ankika Biswas (Reuters) – The S&P 500 closed higher on Friday, in a light trading day ahead of a long weekend, as investors assessed inflation data against rate hike and[...]
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