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30 Sep 2016

Fed's Kaplan: Fed will be patient, doesn't want to hike rates precipitously

During a Q&A session at the Stemmons Corridor Business Associations annual meeting, Fed Dallas President Robert Kaplan said that he expects a much stronger US GDP growth for second half of 2016.

Key headlines (via Reuters):

Expects 1.75 pct U.S. GDP growth in 2016, enough to take out further slack from labor market
Says is scouring but sees no evidence yet of overheating

Sep 30, 2016

Deutsche Bank shares jumped after unconfirmed reports it's near $5.4bn US DOJ settlement

According to AFP citing unnamed sources, Deutsche Bank is near to reach $5.4 billion settlement with the US Department of Justice...

Colombia Interest rate: 7.75% (September)