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22 Jun 2017

China not facing same pressure as Fed to shrink balance sheet: PBOC adviser

SHANGHAI (Reuters) - China's central bank will not take action to shrink its balance sheet like the U.S. Federal Reserve as it does not face the same pressures due to its use of different policy tools, an adviser to the People's Bank of China (PBOC) said on Thursday.

21 Jun 2017

U.S. could ease Volcker Rule, exempt small banks: regulators

WASHINGTON (Reuters) - U.S. financial regulators could ease rules that keep taxpayer-backed banks out of some risky investments, according to testimony released on Wednesday ahead of a Senate hearing.

21 Jun 2017

Brexit could strengthen EU, Germany as business location: German official

BERLIN (Reuters) - Britain's departure from the European Union could strengthen the bloc's political integration and make Germany more attractive as a business location, German Deputy Finance Minister Thomas Steffen said on Thursday.

21 Jun 2017

Mexico's finance minister says agrees with market expectations on rate hikes: Bloomberg

MEXICO CITY (Reuters) - Mexico's Finance Minister said he agrees with broad market expectations that the central bank will raise interest rates "a couple" more times in 2017 and could begin cutting rates by year end, U.S. news agency Bloomberg reported on Wednesday.

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