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The current spike in inflation is no reason for the European Central Bank (ECB) to rethink its interest rate policy, as inflation is still expected to slow towards the end of next year, ECB policymaker Klaas Knot said on Monday.
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Mexican President Andres Manuel Lopez Obrador said on Monday he proposed a plan last week to boost investment in North America to reduce reliance on foreign imports in his talks with U.S. President Joe Biden and Canada's Prime Minister Justin Trudeau.
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The U.S. Federal Reserve during Jerome Powell's second term as chair will have an important role to play over the longer term to ensure that inflation does not become "endemic," Treasury Secretary Janet Yellen told CNBC on Monday.
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Progress was made on Friday in talks between the European Union and Britain on post-Brexit trade issues affecting Northern Ireland and solutions can be found if London redoubles its efforts, the EU official in charge of the talks said on Sunday.
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The United States will offer support to Tunisia once it has announced dates for political reform, a Tunisia presidency statement said, nearly four months after President Kais Saied seized political power.