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White House Government Agencies

  • NEW YORK, March 16- U.S. Officials stuck to their outlook for two more rate hikes this year and three more in 2018. Wall Street's top banks also see just two additional rate rises this year from the U.S. central bank, and most expect at least three more in 2018, a Reuters poll showed on Wednesday. Today is kind of a rebound back to reality, "said bond strategist Stan...

  • President Donald Trump holds a rally at Municipal Auditorium in Nashville, Tennessee, March 15, 2017.

    Many of those programs have constituencies in states and cities across the country — and their champions in Congress, USA Today reports.

  • LONDON, March 16- Gold climbed to its highest level in over a week on Thursday after the U.S. central bank signalled only gradual rate tightening and the dollar slid to its lowest in a month. Spot gold had gained 0.7 percent to $1,227.04 per. ounce at 1355 GMT after touching $1,233.13, the highest since.

  • *Tesla up on plan to raise $1.15 bln. March 16- U.S. stocks opened slightly higher on Thursday as Oracle boosted the technology sector and bank shares gained after the Federal Reserve raised interest rates for the first time this year. "A less aggressive Fed was clearly the message the markets wanted to hear and indeed acted accordingly," Peter Cardillo, chief market...

  • The White House looks to make major cuts to the EPA

    Trump's administration has proposed a 31% cut to the Environmental Protection Agency's budget.

  • The US State Department is looking for new ways to de-escalate the North Korea threat

    Rex Tillerson said Thursday during a conference that the rising threat from North Korea shows the need for a different way to deal with the rogue nation.

  • *Fed signals two more rate hikes this year. March 16- U.S. stocks looked set to open higher on Thursday, building on a day-earlier rally after the Federal Reserve raised interest rates for the first time this year and indicated it was in no hurry to increase the pace of tightening. "A less aggressive Fed was clearly the message the markets wanted to hear and indeed...

  • SHANGHAI, March 16- China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in rates was China's third in as many months, and came a day after the end of the annual session of parliament...

  • LONDON, March 16- Gold climbed to the strongest in over a week on Thursday after the U.S. central bank signaled only gradual rate tightening, although the election defeat of a Dutch far-right candidate dampened safe haven buying. Spot gold had risen 0.6 percent to $1,225.40 per. ounce at 1035 GMT after touching $1,228.82, the highest since.

  • LONDON, March 16- World stock indexes surged to record highs on Thursday while the dollar traded close to a one-month low after the Federal Reserve hiked U.S. interest rates but signalled no pick-up in the pace of tightening. Markets also reacted positively after Dutch centre-right Prime Minister Mark Rutte fought off a challenge by anti-immigration, anti-...

  • LONDON, March 16- A widely anticipated U.S. interest rate hike combined with a dovish outlook for the future path of rates lifted emerging stocks to 20- month highs on Thursday but also prompted a number of developing central banks to tighten monetary policy. Taiwan's dollar touched a 10- month high, South Korea's won strengthened over 1 percent and commodity...

  • SHANGHAI, March 16- China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in rates was China's third in as many months, and came a day after the end of the annual session of parliament...

  • TOKYO, March 16- Bank of Japan Governor Haruhiko Kuroda said an uptick in inflation toward 1 percent won't immediately trigger an interest rate hike, signaling that Japan will stick to its ultra-easy policy even as other major economies eye withdrawing stimulus. Kuroda, who heads to Germany for a Group of 20 finance leaders' meeting this weekend, also echoed...

  • SHANGHAI, March 16- Hong Kong's benchmark Hang Seng Index closed at a 19- month high on Thursday after the Federal Reserve hiked interest rates, as expected, but signalled no pick-up in the pace of tightening. The move was matched by Hong Kong's central bank, as the city's currency is pegged to the U.S. dollar, but some commercial banks kept their best lending rates...

  • SHANGHAI, March 16- Shanghai stocks climbed to a 14- week high on improved risk appetites after the U.S. Also on Thursday, China's central bank raised short-term interest rates in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the raised U.S. rates overnight. Shares in telecom equipment maker ZTE Corp surged 10...

  • *China has moved to tighter policy bias as economy improves. SHANGHAI, March 16- China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in short-term rates was China's third in as many...

  • TOKYO, March 16- Japanese stocks eked out small gains in choppy trade on Thursday after the U.S. Federal Reserve hiked U.S. interest rates, but signaled no pick-up in the pace of tightening. Fast Retailing, the operator of Uniqlo clothing chain, fell 1.9 percent after the Nikkei Business Daily reported that its rivals were planning to expand aggressively to new...

  • Fed Chair Janet Yellen said that the central bank would stick to a gradual path of interest rate rises even if inflation runs above its 2 percent target. ounce at 0623 GMT after touching $1,226.95, the highest since. March 7, earlier in the session.

  • *Dollar lower across the board in Asia, weakness could be lengthy. SYDNEY, March 16- The dollar nursed painful losses in Asia on Thursday while sovereign bonds savoured their biggest rally in nine months after the Federal Reserve hiked interest rates, as expected, but signalled no pick-up in the pace of tightening. The sigh of relief was heard across Asia as...

  • *Energy shares in Hong Kong rebound sharply. SHANGHAI, March 16- China and Hong Kong stocks tracked regional markets higher on improved risk appetite after the U.S. Hong Kong's central bank raised its benchmark interest rate while China's central bank lifted short-term interest rates after the U.S. rate hike.