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Mexico should stop caravans, says Trump

Bloomberg Donald Trump said Mexico would be “very smart” to stop groups of Central American migrants before they reached the southern US border, and again laid the blame for US immigration problems on Democrats. The president took to Twitter a day after reports that his administration has struck a deal with Mexico’s incoming government that would mean Washington could use ...

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Fed primed for 2019 pause as growth, market volatility swirl

Bloomberg Federal Reserve Chairman Jerome Powell and his colleagues are likely to turn more wary about marching interest rates higher after delivering a widely anticipated quarter percentage-point increase in December. Prospects for slowing global economic growth, fading US fiscal stimulus and volatile financial markets all argue for more caution once officials lift rates next month near or into neutral territory, ...

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BOE may need to hike faster, says policymaker

Bloomberg The Bank of England (BOE) may need to increase interest rates at a quicker pace than currently envisaged by markets, according to policy maker Michael Saunders. Spare capacity in the economy has been used up, and, assuming Brexit reaches a smooth conclusion, inflationary pressures will probably build somewhat faster than officials predicted in their latest projections, Saunders said in ...

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