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Remarks by U.S. Treasury Secretary J. Yellen at the G7 Summit A debt default could ..

A debt default could spell economic and financial disaster. It would undermine the U.S. ability to provide international leadership and protect national security.

A different system of decision-making on fiscal policy must be found. Congress could repeal the debt ceiling or deal with the problem in a different way.

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The ECB still has a long way to go to reach 2% inflation. ECB board member Schnabel said that core inflation is still very high. The rate will be raised until there are consistent signs of a fall in i

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