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Janet Yellen

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  • *Gold down nearly 6 pct in Feb, biggest monthly loss since Sept. SINGAPORE, Feb 27- Gold advanced for the third session on Friday and was on track to end a four-week losing streak, supported by firm Chinese demand and a change in views on U.S. interest rates, with some again betting that an increase would not be delayed. Gold has fallen more than 7 percent from a five-month...

  • *Rest of Asia stocks sag after Wall St dips on sharp oil fall. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 percent after advancing to a five-month high on Wednesday. But shares in Australia and Hong Kong nudged higher.

  • SINGAPORE, Feb 27- Gold advanced for a third session running on Friday and was on track to end a four-week losing streak, supported by a softer dollar and hopes that the U.S. central bank will not rush to raise interest rates. *Spot gold was up 0.2 percent at $1,210.60 an ounce by 0042 GMT, having touched a one-week high of $1,220 on Thursday. It regained some lost ground...

  • TOKYO, Feb 27- The dollar took a breather in Tokyo on Friday after surging to a one-month high against a basket of currencies overnight as U.S. economic data and comments from Federal Reserve officials prompted investors to raise their bets on a rate increase. The euro edged up about 0.1 percent in Asian trade to $1.1197, but remained not far from a one-month low of...

  • *Rest of Asia stocks sag after Wall St dips on sharp oil fall. The rest of Asian equity markets lagged Japan after a sharp pullback in oil prices dulled risk appetite and sent Wall Street lower overnight. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent, with South Korean and Australian shares posting light losses.

  • DIARY-Top Economic Events to March 12 Thursday, 26 Feb 2015 | 7:01 PM ET

    NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester, Federal Reserve Bank of New York President William Dudley, Federal Reserve Vice Chair Stanley Fischer, former Federal Reserve chair Ben Bernanke and Bank of Japan Deputy Governor Hiroshi Nakaso participate in the U.S. Monetary Policy Forum 2015 Annual Conference sponsored by the...

  • CPI in biggest drop since 2008; core inflation rises. NEW YORK, Feb 26- Global equities dipped on Thursday as investor enthusiasm was dampened by a pullback in oil prices related to rising inventories, while the dollar rose as economic data drove expectations that the Federal Reserve will raise interest rates. The MSCI All-Country World equity index was down 0.2...

  • *Traders focus on higher U.S. core CPI for January. *Seven-year note auction meets with soft demand. NEW YORK, Feb 26- U.S.

  • NEW YORK, Feb 26- The dollar rose to a one-month high against a basket of currencies on Thursday as data on U.S. inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of the year. The greenback also received support from San Francisco President John Williams...

  • NEW YORK, Feb 26- Low-yielding bond markets could abruptly "wake up" and reprice for tighter U.S. monetary policy, posing problems for the Federal Reserve as it approaches an interest rate hike, a top Fed official said on Thursday. Louis Fed President James Bullard said in an interview with Reuters that the longer the U.S. central bank keeps rates near zero amid such...

  • NEW YORK, Feb 26- Global equities declined on Thursday after a mixed bag of U.S. economic indicators and a pullback in oil prices dampened investor enthusiasm. Fed Chair Janet Yellen, in testimony before Congress this week, said the U.S. central bank would consider rate hikes on a "meeting-by-meeting" basis. "The way Yellen spelled it out, they're obviously looking at...

  • *Traders focus on higher U.S. core CPI for Jan. NEW YORK, Feb 26- U.S. Well this piece of data was fine, it was roughly as expected, and so now I can be slightly less defensive, "' said Jim Vogel, interest rate strategist at FTN Financial in Memphis, Tennessee.

  • FOREX-Dollar jumps on U.S. data, Bullard; euro falls Thursday, 26 Feb 2015 | 11:10 AM ET

    NEW YORK, Feb 26- The dollar climbed to a one-month high against a basket of currencies on Thursday as data on U.S. inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of the year. The dollar's jump followed back-to-back days of losses stemming from...

  • Average US rate on 30-year mortgage rises to 3.80 percent Thursday, 26 Feb 2015 | 10:28 AM ET

    WASHINGTON— Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013. Mortgage company Freddie Mac said Thursday the nationwide average for a 30- year mortgage rose to 3.80 percent from 3.76 percent last week. In testimony before Congress this week, Fed Chair Janet...

  • LONDON, Feb 26- Gold pared gains on Thursday after stronger-than-expected U.S. data lifted the dollar and impetus from Chinese buying petered out, but it remained higher after the Federal Reserve indicated this week that it was in no rush to raise interest rates. Spot gold was up 0.3 percent at $1,207.90 an ounce at 1503 GMT. "We've had good buying of physical gold...

  • How political is the Fed really?  Thursday, 26 Feb 2015 | 10:07 AM ET

    Steve Liesman, Sr. Economics Reporter, CNBC, discusses Republican criticisms of Janet Yellen and the "politicization" of the Fed.

  • Nasdaq pursues 5K  Thursday, 26 Feb 2015 | 10:01 AM ET

    Jeff Rosenberg, BlackRock, and Bill Stone, PNC Asset Management Group look at stocks that have surged this month and where the market's headed from here.

  • WASHINGTON, Feb 26- U.S. consumer prices in January posted their biggest drop since 2008 as gasoline prices continued to tumble and underlying inflation rose modestly, which could allow a cautious Federal Reserve more room to hold off on raising interest rates. "It will be some time before the Fed gets the necessary confirmation that inflation will move back to...

  • Santelli: Treasury rates rise  Thursday, 26 Feb 2015 | 9:42 AM ET

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

  • Chevron and Exxon Mobil were among the biggest decliners in the Dow Jones industrial average, which eased back from its latest all-time high. Benchmark U.S. crude oil fell $2.82 to close at $48.17 a barrel on the New York Mercantile Exchange. Among individual Dow members, Chevron lost $1.52, or 1.4 percent, to $107.06 while Exxon Mobil slid 95 cents, or 1.1 percent, to...