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© Reuters. FILE PHOTO - James Bullard, President of the St. Louis Federal Reserve Bank, speaks during an interview with Reuters in Boston
MELBOURNE (Reuters) - St. Louis Federal Reserve President James Bullard, in remarks set to be delivered Monday in Australia, repeated his view that the United States is in a low-growth, low-productivity regime likely to last for the foreseeable future and requiring no rush to raise interest rates.
Speaking in Australia, Bullard said any fiscal or tax changes under the administration of U.S. President Donald Trump are unlikely to influence the economic outlook until at least next year. In the meantime, he has said there is no reason to raise the Fed's target interest rate any further until growth moves into a higher gear.
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will need about $3 billion in external assistance over the next six months to help restore supplies of...
(This April 7 story corrects headline to say "U.S. Chamber of Commerce official" instead of "U.S. commerce official") By Ana Mano SAO PAULO (Reuters) - The Biden administration is...
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -The United States on Friday broadened its export curbs against Russia and Belarus, restricting access to imports of...
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