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ECB topping up QE once more with short taper in late 2018

Bloomberg The European Central Bank will spend 2018 guiding its bond-buying program to a gentle halt as the euro zone benefits from the most-synchronized economic growth in two decades, according to a Bloomberg survey. Policy makers, who have already agreed to halve monthly purchases to 30 billion euros ($35 billion) starting next month, will taper them to zero in the ...

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Labour debates moving Bank of England operations to Birmingham

Bloomberg The Labour Party is debating moving some of the Bank of England’s operations to Birmingham if it wins power in the next general election. The plans, first reported by the Financial Times and confirmed by the UK’s main opposition, are aimed at spreading investment across the country. They’re based on an analysis by the economist Graham Turner of GFC ...

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WestJet plans to become global-network airline

Bloomberg Out in western Canada, the airline world is about to watch a unique business experiment. If it goes as planned, in a few years there will be a new favourite carrier battling for your airfare dollars, regardless of whether you’re a penny pincher or a rich banker. WestJet Airlines Ltd., which flies Boeing Co. 737s in Canada much the ...

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