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Central bank's policy rate remains in 5.25%-5.50% rangeFed says economy grew at 'strong' pace in third quarterTraders add to bets that Fed is done raising ratesWASHINGTON, Nov 1 (Reuters) - The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that continues to outperform expectations may need still more restraint.Fed Chair Jerome Powell said the situation remained something of a riddle, with U.S. central bank officials willing to raise rates again...

U.S. Deputy Treasury Secretary Wally Adeyemo speaks at the Royal United Services Institute in London, Britain, October 27, 2023. REUTERS/Hannah McKay/File Photo Acquire Licensing RightsLONDON, Oct 27 (Reuters) - The United States on Friday said some firms in the digital asset space were not doing enough to stop the flow of illicit finance - a subject which has come under renewed scrutiny following the deadly attacks in Israel by Palestinian militant group Hamas.U.S. Deputy Treasury Secretary Wally Adeyemo, speaking at an event in London, said the "vast majority" of financial...

Members of the European Council speak as they attend the European Union leaders summit, in Brussels, Belgium October 26, 2023. REUTERS/Yves Herman Acquire Licensing RightsBRUSSELS, Oct 26 (Reuters) - From supporting Ukraine to boosting military might and managing migration, European Union leaders channelled diverging priorities on Thursday as they started debating where to put more money from their shared budget in the next four years.The EU is due to decide in December on a revision of its 2021-27 budget worth 1.1 trillion euros ($1.2 trln), which is already strained by...

U.S. Secretary of State Antony Blinken speaks during a press conference, in Tel Aviv, Israel October 12, 2023. Jacquelyn Martin/Pool via REUTERS Acquire Licensing RightsTEL AVIV/WASHINGTON, Oct 12 (Reuters) - The United States said on Thursday that Iran would not gain access any time soon to $6 billion in Iranian funds parked in a Qatar bank last month as part of a prisoner exchange and that Washington retained the right to completely freeze the account.The question of Iranian access to the funds has been in the spotlight since Iran-backed Palestinian...

NEW YORK, Oct 5 (Reuters) - Sam Bankman-Fried's college roommate and ex-colleague, Gary Wang, testified on Thursday at the FTX cryptocurrency exchange founder's fraud trial that Bankman-Fried told him to give a hedge fund they co-owned special trading privileges on FTX.The special privileges granted to the hedge fund, Alameda Research, included a $65 billion line of credit, several orders of magnitude bigger than the amount other users were able to borrow, he said. Alameda had withdrawn $8 billion from FTX by the time of the exchange's bankruptcy in November 2022,...

Risk of inconclusive Oct. 15 election loomsLarge rate cut ahead of ballot raises inflation risksEconomy strong, but medium-term fiscal pressures risingWARSAW, Sept 25 (Reuters) - Less than three weeks ahead of Poland's hotly contested general election, Warsaw pensioner Jadwiga Buczek is feeling better about a cost of living crisis which, for the past two years, has hit central Europeans harder than most."Let me tell you, there was a time when I couldn't even afford to buy salmon, for example. And now I'll go and buy myself a piece of salmon...