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Could Iran sanctions advance yuan globalization?

In principle, Iran could sell its oil for yuan, running the transactions through China-based financial institutions, futures markets and clearing institutions.

Where have the world’s consumers gone?

Low wage growth may morph from an inexplicable aspect of the current economic setting to a driving force behind a credit crunch and broad contraction of aggregate demand. 

Removing stimulus versus becoming restrictive

The possible need for policy to get restrictive, not just neutral, is likely to become a regular talking point for Fed officials in the months ahead.

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