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White House Government Agencies

  • 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...

  • *Fed to release minutes at 2:00 p.m. ET. The minutes, due at 2:00 p.m. ET, will likely give more clarity on the next hike. "It is no more a question of whether they will raise rates, but when they are going to do it," said Jim Davis, regional investment manager at U.S. Bank Private Client Group in Springfield, Illinois.

  • 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.

  • The Fed could surprise traders when they least expect it

    Markets remain open to a surprise from the Federal Reserve.

  • *The Fed will release the minutes of its Jan. 31- Feb. 1 meeting at 2:00 p.m. ET, which could offer clues on whether the central bank will raise rates in March. *Policymakers, including Fed Chair Janet Yellen, have been stoking the possibility of a rate hike sooner than later. *Also on investors' minds is how the Fed views uncertainty regarding economic policy under...

  • *Global stocks hit record highs, Europe makes slight gain. LONDON, Feb 22- Global stocks hit record highs on Wednesday, pushing gains for the year above those for all of 2016, while the dollar rose before Federal Reserve minutes that will be scoured for clues on the timing of the next U.S. interest rate rise. Relatively strong earnings seasons in Europe and the United...

  • NEW YORK- Federal Reserve Board Governor Jerome Powell speaks on "The Economic Outlook and Monetary Policy" before a Forecasters Club of New York luncheon- 1800 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan discusses issues facing the nation and the global economy- 2330 GMT. LONDON- Bank of England Deputy Governor for...

  • NEW YORK- Federal Reserve Board Governor Jerome Powell speaks on "The Economic Outlook and Monetary Policy" before a Forecasters Club of New York luncheon- 1800 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan discusses issues facing the nation and the global economy- 2330 GMT. LONDON- Bank of England Deputy Governor for...

  • *Traders are focused on the release of minutes from the Fed's Jan. 30- Feb. 1 meeting, due on Wednesday at 1900 GMT. *Also on the radar is President Donald Trump's address to Congress on Feb. 28, which analysts and traders hope will offer details on infrastructure spending and tax cuts. *Bank of England Governor Mark Carney faced a challenge from lawmakers on Tuesday...

  • The new head of the U.S. Environmental Protection Agency says America need not choose between jobs and the environment, as the White House prepares executive orders that could come as soon as this week to roll back Obama-era regulation. The White House signals it is preparing to reverse a U.S. policy on transgender rights, raising concern among rights advocates...

  • The new head of the U.S. Environmental Protection Agency says America need not choose between jobs and the environment, in a nod to the energy industry, as the White House prepares executive orders that could come as soon as this week to roll back Obama-era regulation. The White House signals it is preparing to reverse a U.S. policy on transgender rights, raising...

  • WASHINGTON, Feb 21- The new head of the U.S. Environmental Protection Agency said on Tuesday that America need not choose between jobs and the environment, in a nod to the energy industry, as the White House prepares executive orders that could come as soon as this week to roll back Obama-era regulation. Democrats, environmental advocates and many of the EPA's...

  • NEW YORK, Feb 21- U.S. "I see stocks have bounced very sharply, so this could just be risk sentiment, said Gennadiy Goldberg, interest rates strategist at TD Securities in New York." Fed Chair Janet Yellen said last week a rate increase would be considered at every policy meeting, suggesting the U.S. central bank could move next month.

  • NEW YORK, Feb 21- U.S. "I see stocks have bounced very sharply, so this could just be risk sentiment, said Gennadiy Goldberg, interest rates strategist at TD Securities in New York." Fed Chair Janet Yellen said last week a rate increase would be considered at every policy meeting, suggesting the U.S. central bank could move next month.

  • The new head of the U.S. Environmental Protection Agency, Scott Pruitt, tells agency staff America should not have to choose between jobs and the environment but strikes a conciliatory tone in his address, saying he would "listen, learn and lead." Vice President Mike Pence visited Brussels and pledged America's "steadfast and enduring" commitment to the European...

  • Cleveland Fed President Loretta Mester said late on Monday she would be comfortable raising rates at this point if the economy maintained its current performance, while Market News International quoted Philadelphia Fed President Patrick Harker as saying that a March rise was on the table. Investors were awaiting more speeches from Harker and San...

  • Betsy DeVos

    It's in higher education that the new administration’s power is likely to be felt most keenly and quickly, New York Times reports.

  • SAO PAULO, Feb 21- Latin American currencies slipped on Tuesday after remarks by two U.S. policymakers fueled expectations of a Federal Reserve interest rate increase next month. Her speech echoed comments by Philadelphia Fed President Patrick Harker to Market News International, who said a March rate increase was an option. Brazil's benchmark Bovespa stock...

  • CIA analyst steps down, refuses to serve under President Trump

    A CIA analyst who worked with the agency since 2006 cites an inability to serve the president's administration "in good faith" as his reason for leaving.

  • Feb 21- Amphastar Pharmaceuticals Inc said on Tuesday that the U.S. Food and Drug Administration had rejected its application to market an intranasal version of the emergency opioid-overdose treatment, naloxone. The Centers for Disease Control and Prevention estimates that 91 Americans die every day from opioid overdoses. Amphastar already sells...