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Draghi’s fresh stimulus provokes ‘dissent’

Bloomberg As markets cheer European Central Bank President Mario Draghi for keeping the exit from monetary stimulus wide open, the decision is sitting uneasily with some of his colleagues. A day after policy makers extended their bond-buying program for a third time and pledged to do yet more if needed, Bundesbank President Jens Weidmann went public with his opposition by ...

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BOE may split on UK rate hike

Bloomberg Not everyone at the Bank of England will be on board with raising interest rates. While November 2 may see the UK’s first rate increase in more than a decade, economists surveyed by Bloomberg say three out of nine officials on the Monetary Policy Committee will vote against the move. That’s based on the median estimate from 24 responses. ...

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Barclays, US set to renew talks on toxic mortgages

Bloomberg Barclays Plc and the US Justice Department, engaged in a legal battle over the suspected fraudulent sale of mortgage securities a decade ago, have revived discussions about reaching an out-of-court settlement, according to people with knowledge of the situation. The Justice Department has responded in recent weeks to requests from the London-based bank to reopen negotiations, said the people, ...

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