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  • HONG KONG— Asian shares slipped Thursday after the latest Fed minutes raised the possibility that a U.S. rate hike could come sooner than expected. KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.3 percent to 19,315.11 and South Korea's Kospi was flat at 2,106.22. Hong Kong's Hang Seng shed 0.3 percent to 24,117.18 and the Shanghai Composite index in...

  • *Spot gold remains neutral in $1,233- $1,240/ oz range-technicals. *Investors await Trump's address to Congress next week. "Gold continues to tread water post the Federal Open Market Committee minutes, probably the highlight of a very light data week," said Jeffrey Halley, senior market analyst at OANDA.

  • A push by the Newark, New Jersey- based insurer for Wells to cover its costs could become another headache for the San Francisco- based bank, whose sales practices have been under a spotlight. Last year, federal regulators ordered Wells Fargo to pay $190 million in fines and restitution because they said its high pressure sales environment pushed employees to...

  • BRASILIA, Feb 22- Brazil's central bank maintained the pace of interest rate cuts on Wednesday, resisting pressure to further step up monetary easing to pull Latin America's economy out of its worst recession on record. The bank's monetary policy committee, known as Copom, cut its benchmark Selic rate by 75 basis points for the second straight time to 12.25...

  • *Loonie touches its weakest since Feb. 7 at C $1.3210. It reinforces the view that the Bank of Canada will not be following the Federal Reserve with interest rate hikes, he added. The chances of a Bank of Canada interest rate hike this year dipped to 28 percent from more than 30 percent before the retail sales report, data from the overnight index swaps market showed.

  • A push by the Newark, New Jersey- based insurer for Wells to cover its costs could become another headache for the San Francisco- based bank, whose sales practices have been under a spotlight. Last year, federal regulators ordered Wells Fargo to pay $190 million in fines and restitution because they said its high pressure sales environment pushed employees to...

  • NEW YORK, Feb 22- U.S. long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. "The minutes are fairly dovish," said Jeff Kravetz, regional investment director at U.S.

  • NEW YORK, Feb 22- U.S. long-dated Treasury debt yields edged lower on Wednesday in choppy trading, after minutes of the latest Federal Reserve monetary policy meeting struck a cautious tone on raising interest rates, reducing expectations of a hike next month. "The minutes are fairly dovish," said Jeff Kravetz, regional investment director at U.S.

  • WASHINGTON, Feb 22- Many Federal Reserve policymakers said it may be appropriate to raise interest rates again "fairly soon" should jobs and inflation data come in line with expectations, according to the minutes of the Fed's last policy meeting released on Wednesday. Last week, Fed Chair Janet Yellen said waiting too long to raise rates again would be "unwise" and...

  • WASHINGTON, Feb 22- Many Federal Reserve policymakers said it may be appropriate to raise interest rates again "fairly soon" should jobs and inflation data come in line with expectations, according to the minutes of the Fed's last policy meeting released on Wednesday. The minutes of the Jan. 31- Feb. 1 discussion, at which the U.S. central bank voted to keep rates...

  • WASHINGTON, Feb 22- Many Federal Reserve policymakers said it may be appropriate to raise interest rates again "fairly soon" should jobs and inflation data come in line with expectations, according to the minutes of the Fed's last policy meeting released on Wednesday. The minutes of the Jan. 31- Feb. 1 discussion, at which the U.S. central bank voted to keep rates...

  • WASHINGTON— Federal Reserve officials earlier this month discussed the need to raise a key interest rate again "fairly soon," especially if the economy remains strong. Paul Ashworth, chief U.S. economist at Capital Economics, said the "fairly soon" phrase in the minutes "clearly leaves the door open to a March rate hike although... we still think the Fed will delay until...

  • President Donald Trump discusses the federal budget in the Roosevelt Room of the White House on February 22, 2017 in Washington, DC.

    The next interest rate increase could be closer than it appears.

  • NEW YORK, Feb 22- The Federal Reserve is set to gradually raise interest rates as long as the U.S. economy continues on its current path, and there is yet no sign it is being too slow to respond as inflation heads higher, an influential Fed governor said on Wednesday. Going forward, I see it as appropriate to gradually tighten policy as long as the economy continues to...

  • NEW YORK, Feb 22- The Federal Reserve is set to gradually raise interest rates as long as the U.S. economy continues on its current path, an influential Fed governor said on Wednesday. In a speech that shed little light on whether the U.S. central bank would move as soon as next month to tighten policy, Governor Jerome Powell said the Fed was wise to have been patient in...

  • UKRAINE CENTRAL BANK CHIEF SAYS RAIL BLOCKADE COULD HIT EXPORT REVENUE, BANK PREPARED TO TAKE "ANTI-CRISIS MEASURES".

  • NEW YORK, Feb 22- The euro hit a six-week low against the dollar on Wednesday on concern over France's presidential election campaign, a growing gap between U.S. and euro zone interest rates and the increasing risk of a rate increase from the Federal Reserve in March. The euro fell below $1.05 for the first time in six weeks to $1.0494 in early trading.

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