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Janet Yellen

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  • LONDON, June 18- The dollar held its gains on Wednesday after a broad firming on the back of higher-than-expected U.S. consumer prices for May that has fanned speculation that the Federal Reserve may inch closer towards hiking interest rates. In the European session, the focus will be on the minutes from the Bank of England's last policy meeting.

  • SYDNEY, June 18- The dollar held firm with higher Treasury yields on Wednesday after a surprisingly high reading for U.S. inflation threatened to give a hawkish tilt to the Federal Reserve's policy outlook later in the session.

  • SYDNEY, June 18- The dollar held firm with higher Treasury yields on Wednesday after a surprisingly high reading for U.S. inflation threatened to give a hawkish tilt to the Federal Reserve's policy outlook later in the session.

  • TOKYO, June 18- Japan's Nikkei share average edged up on Wednesday morning, benefitting from gains on Wall Street and a weaker yen which drove exporters higher. Exporters were stronger after the dollar reached a one-week high of 102.25, with Panasonic Corp soaring 2.9 percent, Nissan Motor Co adding 0.5 percent and Tokyo Electron Ltd gaining 1.2 percent.

  • SYDNEY, June 18- London copper edged to its highest in nearly two weeks on Wednesday, finding comfort in a pledge by Chinese authorities to support growth as well as a shortfall in immediate supply. *The most-traded August copper contract on the Shanghai Futures Exchange climbed by 0.4 percent to 48,320 yuan a tonne.

  • PRECIOUS-Gold holds above $1,270, eyes on Fed Tuesday, 17 Jun 2014 | 8:35 PM ET

    SINGAPORE, June 18- Gold was trading in a tight range on Wednesday as a firmer dollar and outflows from bullion funds sapped demand, with many investors waiting for the Federal Reserve to conclude its two-day policy meeting before placing big bets on the metal. *Spot gold was little changed at $1,270.94 an ounce by 0028 GMT, after ending flat in the previous session.

  • SEOUL, June 18- U.S. crude oil futures rose in early Asian trade on Wednesday, as tension in Iraq cast doubt on the OPEC member's oil growth targets and U.S. crude stocks fell more than expected.

  • SYDNEY, June 18- The dollar climbed in tan dem with rising Treasury yields on Wednesday as a surprisingly high reading for U.S. inflation threatened to give a hawkish tilt to the Federal Reserve's policy outlook later in the session.

  • DIARY - Top Economic Events to July 1 Tuesday, 17 Jun 2014 | 8:01 PM ET

    Federal Reserve's Federal Open Market Committee announces decision on interest rates, followed by Federal Reserve chair Janet Yellen's quarterly news conference- 1830 GMT. LONDON- UK Finance Minister George Osborne hosts First UK/China Financial Forum.

  • SYDNEY, June 18- The U.S. dollar held onto modest gains early on Wednesday, having risen broadly after U.S. consumer prices recorded their largest increase in more than a year in May. Against the yen, the greenback reached a one-week high of 102.25, while the euro retreated from a one-week peak to $1.3547.

  • Jim Grant, Grant's Interest Rate Observer founder & editor, previews tomorrow's Fed meeting and discusses the cumulative effect of Fed intervention on the U.S. economy.

  • Will Iraq be the trigger for a market correction? Tuesday, 17 Jun 2014 | 2:10 PM ET
    Tribesmen, fighting alongside Iraqi police forces, hold a position in a street of the city of Ramadi, west of the capital Baghdad, on January 30, 2014 during a military operation against anti-government fighters.

    Rising tensions in Iraq are giving investors anxiety. Is this the trigger for a correction? NYSE floor trader Kenny Polcari weighs in.

  • WRAPUP 2-U.S. consumer prices show inflation ticking up Tuesday, 17 Jun 2014 | 12:57 PM ET

    WASHINGTON, June 17- U.S. consumer prices recorded their largest increase in more than a year in May as costs for a range of goods and services rose, likely easing the Federal Reserve's concerns that inflation was running too low.

  • Policymakers, including new Fed Vice Chair Stanley Fischer, will release updated projections for the economy and for when they think rates should finally rise from near zero.

  • Fed kicks off policy meeting with eye on normalization Tuesday, 17 Jun 2014 | 10:59 AM ET

    The central bank's Board of Governors was set to discuss "medium-term monetary policy issues" at 10 a.m. EDT, according to a Fed notice. The Fed board and the FOMC also held a joint session to kick off April's policy meeting in Washington. After three rounds of post-recession bond-buying the Fed's balance sheet has grown to nearly $4.5 trillion.

  • *Year-ago price gain largest since October 2012. WASHINGTON, June 17- U.S. consumer prices recorded their largest increase in more than a year in May as costs for a range of goods and services rose, pointing to a steady firming of inflation pressures.

  • The Labor Department said on Tuesday its consumer price index increased 0.4 percent last month, with food prices posting their biggest rise since August 2011. "It was less benign than expected," said Sean Murphy, a Treasuries trader at Societe Generale in New York.

  • Pound power: How Mark Carney is changing the world Tuesday, 17 Jun 2014 | 6:00 AM ET
    Mark Carney, governor of the Bank of England.

    Strategists say there's no stopping the pound now that Bank of England's Mark Carney has broken from the pack of major central banks.

  • DIARY - Top economic Events to June 30 Monday, 16 Jun 2014 | 8:01 PM ET

    Commerce Secretary Penny Pritzker gives a keynote address at a conference on Skills Training for a Modern Manufacturing Workforce: Does the German Model Have Lessons for the United States?

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