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Pandemic aid: Chilean Central Bank president said pension withdrawals threaten economic recovery

Pandemic aid: Chilean Central Bank president said pension withdrawals threaten economic recovery
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Ripples of Fed's Inflation Disquiet Keep Spreading: Eco Week


Publishing date: Jul 10, 2021  •  4 hours ago  •  5 minute read  • 
Article content
(Bloomberg) The shifting sands of global inflation will focus central bankers from Ottawa to Wellington in coming days after a month of mounting concern about consumer prices among counterparts including the U.S. Federal Reserve.
The Bank of Canada, which is already in the vanguard of Group of Seven economies dialing back stimulus, will continue that on Wednesday, with officials seen cutting weekly bond purchases by a third. That further step toward normalizing monetary policy could eventually presage interest-rate increases.
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