Monday, October 23, 2006

Quick Overview

  • The U.S. central bank is expected to hold interest rates steady for the third straight month when it meets on Tuesday and Wednesday.

  • Japan's top financial diplomat said on Monday he was not expecting further declines in the value of the yen , and added that he saw Japan's economy staying on a solid recovery path.

  • Retail sales in Canada were up 1.0% in August.

  • Bush put Social Security reform on his list of "big items" to deal with in the final two years of his presidency.

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