Federal Reserve updates

Federal Reserve officials are expected to next week send a clearer signal about plans to begin phasing out pandemic-era stimulus as early as November as US consumers continue to power the economic recovery.

The policy-setting Federal Open Market Committee convenes on Tuesday for a two-day meeting that should shed light on the fate of the enormous bond-buying programme it put in place last year to stabilise financial markets and shore up the economy. 

The details will be accompanied by a fresh

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Newsletter: FT Weekend

Princess Diana called it the “moving carpet”. In the weeks after her death, others weren’t so forgivingly droll about the royals’ corgis. Here, went the theory, which mentioned the horses too, is a family that gushes over all creatures great and small, except humans.

Don’t think it lacks purchase outside England, this trope of the cynophile blue blood. “That’s the thing you gotta remember about Wasps,” says Gordon Gekko, shaking his glossed head in Wall Street. “They love animals.

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In the trendy world, the digital financial system is more and more part of the normal economic system. People and devices around the globe now form an interconnected net, where commerce and commerce are possible at the press of a button. Although this precept of distributing scarce resources is at the heart of any economic system, nationwide governments usually … Read More

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© Reuters. FILE PHOTO: Liberal Leader Justin Trudeau prepares to take part on CBC’s Face To Face with host Rosemary Barton in Toronto, Canada, September 12, 2021. Sean Kilpatrick/Pool via REUTERS

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By Steve Scherer

MONTREAL (Reuters) -Canadian Prime Minister Justin Trudeau, seeking to carve out a lead ahead of Monday’s election, accused his main rival on Thursday of showing weak leadership in the fight against COVID-19.

Opinion polls show Trudeau’s center-left Liberals effectively tied with the right-of-center Conservatives led by Erin O’Toole and set to fail in their bid to win a parliamentary majority.

Trudeau, 49, noted that

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© Reuters. The Russian opposition politician Alexei Navalny’s Smart Voting app is seen on a phone, in Moscow, Russia September 16, 2021. REUTERS/Shamil Zhumatov

MOSCOW (Reuters) – Alphabet (NASDAQ:)’s Google and Apple (NASDAQ:) have removed jailed Kremlin critic Alexei Navalny’s tactical voting app from their stores, his team said on Friday, after Russia accused the U.S. tech firms of meddling in its internal affairs.

Russia goes to the polls on Friday to elect a new parliament in a three-day vote that the ruling United Russia party is expected to win despite a ratings slump after the biggest crackdown on the

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© Reuters. FILE PHOTO: Afghanistan’s U.N. ambassador Ghulam Isaczai addresses the United Nations Security Council regarding the situation in Afghanistan at the United Nations in New York City, New York, U.S., August 16, 2021. REUTERS/Andrew Kelly/File Photo

By Michelle Nichols

UNITED NATIONS (Reuters) – The U.N. ambassador representing Afghanistan’s ousted government has asked to remain in the country’s seat at the world body in New York, a U.N. spokesperson said on Friday, setting up a showdown if the Taliban tries to appoint their own envoy.

Ambassador Ghulam Isaczai signed a letter to U.N. Secretary-General Antonio Guterres with a list of

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