Fed could use reserves payments to stimulate U.S. economy: paper

JACKSON HOLE, Wyo. (Reuters) - The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the U.S. central bank when inflation is low, according to an academic paper presented on Saturday.

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Exclusive: Iraq plans to sell oil through Iran if talks with Kurds fail

BAGHDAD (Reuters) - Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a senior oil ministry official in Baghdad told Reuters.

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