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| The Guns And Butter Era Has Returned, Bringing Inflation With It Those years represented an inflection point, much like today, when fiscal spending accelerated. The Federal Reserve financed that spending with low-interest rates, assuming that historically low inflation levels experienced in the early 1960s would continue. | |
| Fiscal stimulus powers US economic growth in first quarter WASHINGTON (Reuters) - U.S. economic growth accelerated in the first quarter as the government gave money to mostly lower-income households, fueling consumer spending and setting the course for what is expected to be the strongest performance this ... | |
| Recovery hopes drive shares, US Treasury yields "Assuming that COVID variants remain contained, the second quarter is set for a further acceleration in growth as the re-openings continue," said Katherine Judge, senior economist at CIBC Capital Markets. New ... | |
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| NatWest to move HQ from Scotland in event of independence LONDON (Reuters) -Britain's NatWest would move its headquarters out of Scotland in the event of a vote in favour of independence, its CEO Alison Rose said, only days before parliamentary elections there. FILE PHOTO: People maintain social distance while ... | |
| Oil rises to fresh six-week highs on bullish demand NEW YORK (Reuters) - Oil prices rose on Thursday, on track to hit six-week highs as strong U.S. economic data, a weak dollar and an expected recovery in demand outweighed concerns about rising output and the impact of higher COVID-19 cases in Brazil ... | |
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| Oil climbs to fresh 6-week high on bullish demand NEW YORK (Reuters) -Oil prices rose to fresh six-week highs on Thursday as strong U.S. economic data, a weak dollar and an expected recovery in demand outweighed concerns about higher COVID-19 cases in Brazil and India. FILE PHOTO: Crude oil ... | |
| Next up for Fed's Powell and the taper test: 'string' theory (Reuters) - The list of what will get Federal Reserve Chair Jerome Powell to start thinking about cutting back on the central bank's support for the U.S. economy is a short one: jobs, jobs and more jobs. FILE PHOTO: Federal Reserve Chair Jerome Powell ... | |
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