Yellen Leads Fed Damned Every Way by Emerging Market Angst

Janet Yellen is discovering that when it comes to providing monetary stimulus, theFederal Reserve is damned byemerging markets when it does and damned when it doesn’t. Sixteen months after she used a Tokyo gathering of global policy makers to defend her institution against criticism it was purchasing too many assets, Fed Chair Yellen attends this week’s Group of […]

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Central Banks Drop Tightening Talk as Easy Money Goes On

The Bank of Canada’s dropping of language about the need for future interest-rate increases and today’s decisions by central banks in Norway, Sweden and the Philippines to leave their rates on hold unite them with counterparts in reinforcing rather than retracting loose monetary policy. The Federal Reserve delayed a pullback in asset purchases, while emerging markets from Hungary to Chile cut […]

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Obama-Putin Rift Over Syria Widens as G-20 Summit Starts

“The diplomatic dialogue between Barack Obama and Vladimir Putin has featured the U.S. president comparing Putin to a bored schoolboy and the Russian leader forcing an irritated Obama to wait a half-hour for a meeting. And that was before warships from the two nations drew near in the Eastern Mediterranean amid a widening rift over […]

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