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Central Banks

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ECB's Lane signals policy pause as markets stabilise

European Central Bank chief economist Philip Lane signalled a pause in policy action, arguing that a rebound is underway, markets have stabilized but that many months will be needed before there is clarity over the shape of the recovery.

BoE's Haskel sees worrying signs of rise in unemployment

Bank of England interest rate-setter Jonathan Haskel said there was a risk that Britain's economy would be harder hit by the coronavirus crisis than the central bank has predicted and there were worrying signs of rising unemployment.

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