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Asian central banks buy dollars to slow its decline. Doubts over the solvency of the Federal Housing Administration surface, and 34 banks miss their TARP payments. And American consumers are not actually reducing their debt Read more
David Cameron, Conservative Party leader, has crossed the line, calling for the Bank of England’s money printing to stop. It is the clearest attack on Bank independence since the Conservatives dropped their opposition to the idea writes Chris Giles of the Financial Times. Will Mervyn King have the guts to complain? Read more
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