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Eurozone growth revised up to 0.4% in second quarter: Eurostat

BRUSSELS: The 19-nation eurozone grew by 0.4 percent in the second quarter, official data showed on Tuesday, revising upward a first estimate that sparked worries about the health of the European economy.

Market action reinforces need for policy patience: Fed’s Rosengren

BOSTON: The recent volatility in financial markets reinforces the need for the Federal Reserve to be patient with its policy stimulus and to clearly tie an eventual interest-rate rise to improving economic conditions, a top Fed policymaker told Reuters.
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