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ECB Policymakers Concerned Pandemic Second Wave Would Prolong Crisis, Minutes Show

European Central Bank policymakers were concerned that the resurgence in the coronavirus pandemic that has led to restoration of lockdown in several countries could prolong the economic crisis, minutes of the latest policy session showed on Thursday.Original Article Read More →

Dollar Turns Weak Against Other Major Currencies

After exhibiting some weakness in the Asian session, the U.S. dollar rebounded smartly Thursday morning, but fell again and stayed weak thereafter as Fed Chair Jerome Powell said the bank will not hike interest rates anytime soon.Original Article Read More →

New Zealand Food Prices Rise 2.9% On Year In December

Food prices in New Zealand jumped 2.9 percent on year in December, Statistics New Zealand said on Friday - accelerating from 2.6 percent in November.Original Article Read More →

U.S. Consumer Prices Rise In Line With Estimates In December

Reflecting a spike in gasoline prices, the Labor Department released a report on Wednesday showing U.S. consumer prices increased in line with economist estimates in the month of December. The report said the consumer price index rose by 0.4 percent Read More →

Dollar Rebounds From Recent Losses, Scores Gains Against Peers

The U.S. dollar firmed up against its rivals on Wednesday, rebounding from losses posted a session earlier, amid optimism about economic recovery.Original Article Read More →

New Zealand Building Permits Climb 1.2% In November

The number of building permits issued in New Zealand advanced a seasonally adjusted 1.2 percent on month in November, Statistics New Zealand said on Thursday, standing at 3,881.Original Article Read More →