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04-15-24 carib
| The combination of strong US growth and sticky inflation is raising the odds the Federal Reserve hikes rather than cuts interest rates, bringing borrowing costs to as high as 6.5% next year, according to UBS Group AG strategists. |
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04-15-24 patient-trader
Former Taiwanese leader Ma Ying-jeou has called on the island’s president-elect to respond “pragmatically” to the “olive branch” extended by Xi Jinping and to accept the one-China principle.
Ma, who met mainland Chinese leader Xi in Beijing last week, said Taiwan’s next leader, William Lai Ching-te, should take note of Xi’s goodwill and refrain from “walking the independence path”.
Lai, of the independence-leaning Democratic Progressive Party, was elected in January and will be inaugurated next month.
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