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Business Maverick: Fed and global central banks move to boost dollar fundingThe Federal Reserve and five other central banks announced coordinated action on Sunday to boost liquidity in dollar swap arrangements, the latest effort by policymakers to ease growing strains in the global financial system.
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Business Maverick: BOE rate decision set to cap tumultuous week for UK and SunakThe Bank of England is expected to push through yet another increase in interest rates, one of the key events set to shape a turbulent week for the UK economy and Prime Minister Rishi Sunak.
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Business Maverick: Putin Tells Xi He’ll Discuss China’s Blueprint for UkraineVladimir Putin said Russia is ready to discuss China’s initiative for ending the conflict in Ukraine, welcoming Chinese President Xi Jinping for a three-day visit that underlines Beijing’s support for Moscow.
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Business Maverick: ECB Task Isn’t Clouded by Financial-Risk Worry, Lagarde SaysThe European Central Bank doesn’t see any conflict between its inflation-targeting mission and its responsibility to stave off financial-system threats, President Christine Lagarde said.
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Business Maverick: Credit Suisse’s Collapse Reveals Some Ugly Truths About Switzerland for InvestorsFor decades, Switzerland has sold itself as a haven of legal certainty for bond and equity investors. The collapse of Credit Suisse Group AG revealed some unpleasant home truths.
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Business Maverick: Britain set to break from eurozone with cooling core inflationBritain’s underlying price pressures are set to diverge with those in the eurozone, with signs of cooling inflation intensifying the debate over whether the Bank of England should halt its cycle of interest rate increases.
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