U.S. Federal Reserve Chair Janet Yellen (L) and Treasury Secretary Jack Lew (R)

U.S. Fed frets over strong dollar, global woes: minutes

Federal Reserve officials want to tie an interest-rate rise to U.S. economic progress, but the minutes of their last policy meeting show they are struggling with how to come to grips with the dual threats of a stronger dollar and a global slowdown.

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Japan's Economics Minister Akira Amari

Japan PM still 'neutral' on tax hike but recovery weak: economy minister

Japanese Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.

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Job fair

U.S. hiring seen rebounding in September

U.S. employers likely stepped up hiring in September and the jobless rate probably held at a six-year low, which could bolster bets on a Federal Reserve rate hike in mid-2015.

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Consumption in the U.S.

August showed Increase in Personal Spending and Income

After a weak July the U.S. consumer spending and personal income picked up pace in August while inflation remained flat, the Commerce Department reported Monday.

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US Currency Notes

Dollar surges anew, euro zone data eyed

The dollar rose to new multi-year highs against the yen, euro and a basket of currencies on Monday, a three-month-old rally showing no signs of dissipating before a week of important economic set pieces.

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The headquarters of the European Central Bank

Weak euro zone lending data underscores need for ECB stimulus

Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting a keener spotlight on European Central Bank efforts to get credit flowing again.

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Euro zone business growth slows in September as prices keep sliding: PMI

Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row, a survey showed on Tuesday.

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BOJ buys one-year government bills at negative yield: traders

The Bank of Japan bought one-year government bills at negative yields in market operations on Friday, traders said, setting a new milestone as it pushes its aggressive asset purchase scheme.

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Tokyo Stock Exchange

Dollar soars to six-year peak on yen after Fed, Tokyo stocks cheer

Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve's outlook for rising rates underlined the diverging path between the United states and the rest of the rich world.

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Gas Bar

Weak gasoline, food prices dampen U.S. producer inflation

U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates.

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India's Prime Minister Narendra Modi

Modi could do more to curb India inflation: opinion poll

Indian Prime Minister Narendra Modi has scored high on overall performance during his first three months in office, but many are disappointed with his new administration's efforts to bring down inflation, an opinion poll showed.

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 Forever 21 in New York

U.S. consumer spending rises, inflation pressures muted

U.S. consumer spending rose for a fifth straight month in June, but a moderation in price increases suggested the Federal Reserve will not raise interest rates anytime soon.

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Mario Draghi

ECB not in a hurry to cut rates further - Draghi

European Central Bank President Mario Draghi was quoted by German news magazine Spiegel in an interview that there is no need to hurry to reduce the Euro Zone's main interest rate further.

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Flag of China

Chinese central bank tightens money supply

The People's Bank of China had undertaken a program of lowering money supply to avoid further inflation, but this may lead to lack of financial support

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Despite inflation, Diwali is a time to spend and celebrate

Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.

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