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UK’s biggest lenders are no longer too big to fail, says BOE

  Bloomberg The Bank of England (BOE) has concluded that emergency planning at the UK’s biggest banks means none should require a public bailout in event of a crisis. The central bank’s long-awaited response to the self-assessments of eight lenders, including HSBC Holdings Plc and Barclays Plc, found that their internal systems should avert the kind of state intervention needed ...

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BOJ to stand pat unless yen breaches 140: Economists

Bloomberg The Bank of Japan (BOJ) is expected to hold firm next week with expectations of policy adjustments this year weakening among economists unless the yen breaches the 140 mark against the dollar. All but one of 45 analysts said the bank will leave its yield curve control program and asset purchases untouched at the conclusion of a two-day meeting ...

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Peru lifts key rate half-point to 5.5 percent

  Bloomberg Peru raised borrowing costs for an 11th straight month with a half percentage point interest rate hike to curb the fastest inflation in a quarter century, which triggered rioting in the recent months. The central bank increased its policy rate to 5.5% from 5%, in line with forecasts. The new rate is the highest since 2009. Central banks ...

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