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Headlines
Bank of Canada Cuts Rates to Three-Year Low, Cites Risks to Economy
The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, citing a weak jobs market and less concern about underlying pressures on inflation, Reuters reported. The 25-…
Indonesia’s Central Bank Delivers Surprise Rate Cut Amid Political Uncertainty
Indonesia’s central bank surprised markets by continuing its rate-cutting cycle amid domestic political uncertainty and ahead of a closely watched Federal Reserve meeting, the Wall Street Journal reported. Bank Indonesia lowered…
Mexico Again Taps Debt Markets to Prop Up State Oil Company Pemex
The Mexican government turned to international debt markets for the second time this week to prop up flagging state oil producer Pemex, launching $8 billion in bonds on Tuesday, Reuters reported. The fresh offer, reported by IFR…
Firm Articles
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