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A smoother rate path is preferable to a sharp up and down, allowing more time to assess data
Britain’s difficulties have been compounded by an insufficient response
The EU has so far escaped the crisis seen in the US but weaknesses mean risks remain
The former deputy governor of the Bank of England lays out principles for international co-operation in the face of geopolitical challenges
Candidate with background in financial stability chosen as attention is paid to potential hazards
New Fed chair is setting out his stall as a blunt messenger of US monetary policy
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