GO
Loading...

Janet Yellen

More

  • BOSTON, Oct 17- Federal Reserve Chair Janet Yellen said on Friday the growth of income and wealth inequality "greatly" concerns her, suggesting in a detailed speech on the politically charged issue that Americans should ask whether it was compatible with U.S. values. "The extent of and continuing increase in inequality in the United States greatly concern me,"...

  • LONDON, Oct 17- The yen edged down on Friday as comments from a Federal Reserve policymaker helped revive some appetite for risk, with investors focused on a speech later by Fed chief Janet Yellen. Comments from James Bullard, head of the St. Louis Federal Reserve Bank, had already helped settle markets late on Thursday. "Judging from the equity markets today, and the...

  • US STOCKS-Futures jump on Fed speculation, results Friday, 17 Oct 2014 | 8:15 AM ET

    NEW YORK, Oct 17- U.S. stock index futures jumped on Friday following a batch of solid earnings reports and on hopes the Federal Reserve might slow the wind-down of its stimulus in light of recent weakness in global demand. The S&P 500 and Nasdaq eked out slight gains on Thursday after another choppy session as economic data eased fears about the potential effect...

  • *Platinum, palladium recover after sharp losses. LONDON, Oct 17- Gold edged down on Friday as shares rebounded, although it was set for a gain for a second straight week as concerns over the global economy raised speculation the U.S. "There has been a move down in the dollar and equities this week, but in comparison the upside in gold has been relatively modest," ABN Amro...

  • LONDON, Oct 17- World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one of the most volatile spells in world markets in years. Bourses in London, Frankfurt and Paris started the day up 1 to 1.5 percent and Athens rose 4.5 percent as Greek governments bonds...

  • LONDON, Oct 17- The dollar steadied along with most major currencies on Friday as stock markets bounced after a sharp sell-off that convulsed global markets this week. The head of the St. Louis Federal Reserve Bank, James Bullard, steadied markets somewhat on Thursday by talking up the idea of the U.S. central bank holding off on plans to end its bond-buying...

  • MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent, on course to log its sixth straight week of losses with a fall of 0.9 percent so far this week. Germany's DAX is seen starting up to 0.1 percent higher while France's CAC 40 could be 0.3 percent and Britain's FTSE 0.2 percent. A possible recession in Europe, a floundering economy in...

  • WASHINGTON, Oct 17- The top 113 earners among staff at the Federal Reserve's Washington headquarters make an average of $246,506 per year, excluding bonuses and other benefits- more than Fed Chair Janet Yellen and nearly double the normal top government rate. Yellen, whose salary is set by Congress, earns $201,700 a year. "It certainly bolsters the case for more...

  • SYDNEY/ TOKYO, Oct 17- The yen was off its recent highs on Friday after another choppy session overnight where some calm returned to Wall Street thanks to encouraging U.S. data that helped take the edge off global growth jitters. Also aiding risk sentiment, the head of the St. Louis Federal Reserve Bank, James Bullard, said the U.S. central bank may want to keep up its...

  • TOKYO, Oct 17- Asian stocks clawed back some of this week's losses on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent, though it is likely to log its sixth...

  • TOKYO, Oct 17- Asian stocks were tentatively higher on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge. Japan's Nikkei share average rose 0.3 percent from a 4 1/ 2- month low hit the previous day while MSCI's broadest index of Asia-Pacific...

  • FOREX-Yen steps back as some calm returns to markets Thursday, 16 Oct 2014 | 7:30 PM ET

    SYDNEY, Oct 17- The yen started trade on Friday well off its highs after another choppy session overnight where some calm returned to Wall Street thanks to encouraging U.S. data that helped take the edge off global growth jitters. Also aiding risk sentiment, the head of the St. Louis Federal Reserve Bank, James Bullard, said the U.S. central bank may want to keep up its...

  • WASHINGTON, Oct 16- Federal Reserve Chair Janet Yellen did not comment on the economy or monetary policy during a visit on Thursday to a Boston- area job development and education facility. The Fed chair visited the Connect facility in Chelsea, Massachusetts ahead of a Friday conference on income inequality. She spoke with officials and clients of the facility...

  • James Bullard, president of the St. Encouraged by strengthening U.S. growth and falling unemployment, the Fed has incrementally tapered its bond buying program from $85 billion originally to $15 billion this month. It was set to shutter the program at a policy meeting Oct. 28-29, a plan that Fed Chair Janet Yellen may well stand by.

  • Santelli: Big move in dollar/yen  Thursday, 16 Oct 2014 | 9:47 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.

  • WASHINGTON, Oct 16- The Federal Reserve is considering turning its annual health check for big banks into one of the tools it could use to prevent a build up of excessive financial risks. If deployed, the modified tests could force banks to retain billions of dollars that otherwise would have gone to shareholders. While the move would help cool off sectors at risk...

  • DIARY - Top Economic Events to Oct 29 Wednesday, 15 Oct 2014 | 8:01 PM ET

    CHELSEA, United States- Federal Reserve Chair Janet Yellen tours the CONNECT facility and meets consortium leaders and local residents to hear about conditions in the local economy and the impact of CONNECT for residents entering or re-entering the workforce- 1645 GMT. LONDON- Bank of England Deputy Governor Jon Cunliffe takes part in a panel discussion at...

  • WASHINGTON, Oct 15- Federal Reserve Chair Janet Yellen told a closed-door meeting over the weekend that the U.S. economy was poised to grow about 3 percent going forward, with inflation set to rise toward the U.S. central bank's target, Bloomberg News reported on Wednesday. Citing two people familiar with Yellen's comments, Bloomberg News said Yellen made the...

  • Santelli: 10-Year yield below 2%  Wednesday, 15 Oct 2014 | 9:42 AM ET

    CNBC's Rick Santelli reports on the major action in bonds, after the 10-Year yield fell below 2 percent.

  • WASHINGTON, Oct 14- A bellwether Federal Reserve policymaker on Tuesday downplayed concerns about weakness in the global economy, saying the U.S. central bank should only delay an interest-rate hike next year if inflation or wages fail to perk up. San Francisco Federal Reserve Bank President John Williams said the first line of defense at the Fed, if needed,...