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FILE PHOTO: The seal for the Board of Governors of the Federal Reserve...
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How the Fed serves U.S. foreign intelligence

Senior officials from the U.S. Treasury and other government departments have turned to otherwise confidential Federal Reserve accounts several times a year to analyze the asset holdings of the central banks of Russia, China, Iraq, Turkey, Yemen, Libya and others.

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Italy bank deal lifts Europe shares, dollar on back foot

Shares rose in Europe on Monday, with Italian banks gaining after a deal to wind up two failed regional lenders, while the dollar and U.S. bond yields held close to recent lows as subdued inflation raised questions over the outlook for monetary policy.

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