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  • BUENOS AIRES, Feb 10- Argentine banks are gearing up for a potential lending boom that could push depressed private credit demand to a 16- year high, bolstered by the reforms undertaken by newly-elected President Mauricio Macri. An end to the 14- year standoff between Argentina and the lenders who refused to participate in the earlier debt restructuring could...

  • Structural factors restrain U.S. growth: Yellen

    Fed Chairman Janet Yellen addresses the concept of negative interest rates as "gimmicks" and the structural issues that are holding back economic growth.

  • WASHINGTON, Feb 10- Federal Reserve Chair Janet Yellen said on Wednesday that the U.S. central bank is analyzing the prospect of negative interest rates in the spirit of prudent planning, but it is not a preferred option. She told a committee of lawmakers in Congress that given the implementation of negative rates by the Bank of Japan and the European Central Bank...

  • WASHINGTON, Feb 10- Tightening financial conditions and uncertainty over China pose risks to the U.S. recovery, but chances are slim the Federal Reserve would need to reverse the rate tightening cycle it began in December, Fed Chair Janet Yellen told U.S. lawmakers on Wednesday. Financial conditions overall have tightened, driven by falling stock prices,...

  • Community banks concerned about over-regulation

    Fed Chairman Janet Yellen addresses the burdens on community banks and the need to simplify regulations.

  • Negative rates possible in U.S.: Yellen

    Fed Chairman Janet Yellen addresses the possibility and concerns about having negative interest rates in the United States.

  • No more 'too big to fail' institutions?

    Fed Chairman Janet Yellen says the Fed needs to make sure that previously too big to fail and too big to jail institutions can fail without having systemic consequences for the country.

  • After being out of investors' spotlight for months, the single currency zone is facing a range of new concerns— from questions over Greece to the stability of its financial system. That's evident from developments in recent days, such as the fall in Greece's stock market to 26- year lows and questions over the financial health of Deutsche Bank, Germany's largest...

  • NEW YORK, Feb 10- Stock indexes worldwide rebounded on Wednesday after concerns eased about the banking sector and Federal Reserve Chair Janet Yellen said the U.S. central bank has plenty of flexibility to adjust monetary policy if needed. Yellen's testimony to Congress boosted sentiment. "What Yellen said has been taken positively," said Richard Sichel, chief...

  • A safer, sounder financial system?

    Fed Chairman Janet Yellen says the Fed needs to make sure it does almost everything possible to reduce the odds of another financial crisis.

  • Unemployment rate of African Americans too high: Yellen

    Fed chairman Janet Yellen says the Fed's powers can't be targeted at the experience of a specific group.

  • Congress has changed what Fed can do: Yellen

    Fed chairman Janet Yellen responds to the concerns of New Jersey Rep. Scott Garrett.

  • Inflation to continue to stay low: Yellen

    Fed Chairman Janet Yellen says the Fed is continuing to watch inflation expectations and reiterates that it will revise expectations based on incoming data.

  • Monetary policy is not on a pre-set course: Yellen

    Fed chairman Janet Yellen says people should avoid jumping to a premature conclusion about where the economy is headed.

  • Yellen: We can place sanctions for banking wrongdoing

    Rep. Gwen Moore asks Federal Reserve Chair Janet Yellen about her thoughts on criminal penalties for wrongdoing in the banking system.

  • Yellen: Community banks provide enormous benefit

    Rep. Gwen Moore asks Fed Chair Janet Yellen about reducing the burden on community banks.

  • TORONTO, Feb 10- Canada's main stock index rose on Wednesday as financial stocks clawed back some losses from the start of the week, offsetting energy and mining stocks that slid as crude oil prices fell. Federal Reserve Chair Janet Yellen said conditions in the United States would allow the U.S. central bank to pursue "gradual" adjustments to monetary policy.

  • WASHINGTON, Feb 10- A top Federal Reserve policymaker on Wednesday expressed concern that U.S. reforms enacted after the global financial crisis may have made it harder to stem a credit market panic, a warning that came amid growing stress in corners of the banking sector. In a speech that followed weeks of plunging stock prices for global banks and growing...

  • European stock markets have closed higher after Federal Reserve chair Janet Yellen indicated the central bank would consider slowing the pace of interest rate increases. Britain's FTSE 100 rose 0.7 percent to close at 5,672.30 and Germany's DAX rose 1.6 percent to 9,017.29. Federal Reserve Chair Janet Yellen says the central bank is carefully watching...

  • WASHINGTON, Feb 10- Tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the U.S. economy off track from an otherwise solid course, Federal Reserve Chair Janet Yellen said on Wednesday in prepared testimony to Congress. In remarks that combined a steady-as-she-goes...

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