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Bond investors confronting a painful run-up in yields in the past month may soon find relief from ebbing inflation and the Federal Reserve, according to BlackRock Inc.’s Rick Rieder. The asset manager’s chief investment officer of global fixed income told Bloomberg Television that he envisions the Fed being able to lower interest rates twice this year as ...
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Japanese authorities will work closely with overseas counterparts to deal with excessive volatility in the foreign exchange market, Finance Minister Shunichi Suzuki said on Tuesday. "We are watching market moves with a high sense of urgency," Suzuki told a regular post-cabinet meeting news conference, adding that Tokyo authorities were ready to take action ...
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