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Goldman Sachs - US Congress likely to approve $1 trillion in tax cuts by next year

Goldman Sachs economist Alec Phillips' says the congress is more likely to approve the tax cuts by next year. He is assuming expiring tax cuts would be extended, it would work out to $1 trillion in new tax cuts over 10 years, or 0.4 percent of GDP over that period.

 

FOMC reviewed: weakness in inflation may not be entirely transitory - Nomura

Analysts at Westpac explained that as expected, the Federal Reserve announced the beginning of balance sheet normalization after today’s meeting. We e
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USD/CNY fix projection: 6.5919 - Nomura

Analysts at Nomura offered their outlook for the USD/CNY fox today. Key Quotes: "Our model1 projects the fix to be 249 pips higher than the previous
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