The Saudis ultimately want higher oil prices, Again Capital partner John Kilduff tells CNBC after the death of King Abdullah.» Read More
Sept 11- The drop in U.S. workforce participation since the financial crisis is largely due to the aging of the American population and will not reverse even if labor markets improve, a paper to be presented at a Brookings Institution conference on Friday says.
The Fed wants to raise interest rates, but this is Janet Yellen's big challenge, Pimco's Paul McCulley said.
Discussing if current economic data supports the end of QE, with Paul McCulley, Pimco chief economist. McCulley says the Fed wants to get off its zero interest rate policy, and it's the appropriate thing to do.
Discussing next week's FOMC statement by Janet Yellen, Paul McCulley, Pimco chief economist, discusses the two key phrases the Fed must change before they hike rates.
NEW YORK, Sept 11- The U.S. dollar dipped from six-year highs against the yen on Thursday, and the dollar index fell slightly but remained on track to post its ninth consecutive week of gains. The greenback was slightly weaker as Treasuries yields fell after President Barack Obama authorized airstrikes for the first time in Syria and more strikes in Iraq.
NEW YORK, Sept 11- The U.S. dollar retreated from six-year highs against the yen after data showed that more Americans filed for unemployment benefits last week, though the dollar index remained on track to post its ninth consecutive week of gains.
* "Considerable time" language under the microscope. A strong run of U.S. economic data has led Fed Chair Janet Yellen and other top officials to acknowledge the possibility they may need to raise rates sooner than they thought just a few months ago, although a surprisingly soft reading on jobs growth in August could provide some breathing room.
Obama told Americans in a speech late on Wednesday that he had authorized U.S. air strikes for the first time in Syria and more attacks in Iraq in a broad escalation of a campaign against the Islamic State militant group.
Obama will deliver a speech late on Wednesday in which he will vow to attack Islamic State militants "wherever they exist," lay out a strategy for expanding U.S. air strikes in Iraq and, for the first time, strike targets in Syria.
David Bianco, Deutsche Bank, and William Lee, Citi's North America Economics, discuss when the Fed is likely to hike interest rates and its impact on the markets.
The bond market is starting to give the stock market agita, and focus could remain on interest rates Wednesday as traders try to handicap the Fed's next move.
Discussing if markets should be concerned by the Fed moving up its rate hike timeline, with CNBC's Steve Liesman and Jeff Cox. Liesman says the dissonance between the market and the Fed is a reason why Yellen may need to "kick" the bond market.
WASHINGTON, Sept 9- A top Federal Reserve official on Tuesday warned the biggest U.S. banks they will soon face capital surcharges that exceed international standards, a move he said could encourage some firms to shrink.
Pimco's Paul McCulley believes the Federal Reserve has a direct desire to pump up the U.S. stock market, even if it won't acknowledge so explicitly
SAN FRANCISCO, Sept 8- Investors expect the U.S. Economists of top Wall Street firms, for instance, see the third quarter of 2015 as the most likely date of the Fed's first rate rise, the paper said, and estimate the Fed's short-term interest-rate target will be at just 0.75 percent at the end of 2015 and 2.13 percent at the end of 2016..
While data from China may give clarity on a pattern of uneven growth there, it is in Europe that the prospects for the economy are most uncertain, although a ceasefire in Ukraine could lift the mood and avoid new EU sanctions on Russia this week.
Charles Plosser continued his push for the U.S. central bank to change its language on interest rate policy to reflect an improving economy.
Sept 6- Charles Plosser, president of the Philadelphia Federal Reserve Bank and the loan dissenter at the Fed's July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on interest rate policy to reflect an improving economy and pave the way for a faster-than expected-interest rate hike.
*Most dealers see first rate hike in Q2 2015. *8 of 15 dealers see Fed ending bond investment in 2016. NEW YORK, Sept 5- A majority of Wall Street's top bond firms see the Federal Reserve starting to raise interest rates by the second quarter of next year, showing slightly more aggressive expectations compared with a month ago, a Reuters survey showed on Friday.
Discussing if today's jobs data was as bad as the report suggested and what it means for interest rates, with Dean Maki, Barclays, and CNBC's Steve Liesman.