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Focus will be on dots that likely will show another 2023 move With inflation elevated, FOMC will want to keep options open The Federal Reserve is expected to pause its interest-rate hikes Wednesday for the second time this year following a slowing in inflation while leaving the door open for another increase as early as November. The Federal Open Market Committee will keep rates steady at its Se..

ECB rate hikes will trim 4% from economic output, research shows, a hit that will coincide with a return of restraints on public spending The euro zone’s custodians have set a course for the biggest policy-inflicted blow since the currency was created. The combination of higher interest rates and renewed restraint in government spending is threatening to strangle expansion and raise the risk of ..

It’s revamping stores, unifying online shopping carts and offering fresh-food delivery to customers who aren’t Prime subscribers. Amazon.com Inc. is launching the biggest overhaul of its grocery business since it acquired Whole Foods Market six years ago—revamping stores, testing new highly automated warehouses and, for the first time, offering fresh-food delivery to customers who aren’t Prime s..

More private firms may benefit from credit enhancement tool Steps meant to be ‘pragmatic,’ quick to take effect: official China has pledged to boost credit to private companies and extend other funding measures to small firms as policymakers seek ways to shore up confidence and support the recovery. The nation will expand a bond credit enhancement tool that is backed by financial institutions to..