The turmoil in Ukraine could trigger a market correction, says Kenny Polcari. But don't let that scare you. Just pay attention.» Read More
WASHINGTON, March 7- U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.
*Average hourly earnings rise nine cents, workweek falls. WASHINGTON, March 7- U.S. job growth rose more than expected in February, which could ease fears of an abrupt slowdown in economic growth and keep the Federal Reserve on track in reducing its monetary stimulus.
Chris Rupkey, Bank of Tokyo-Mitsubishi UFJ, and Jim O'Sullivan, High Frequency Economics, provide their forecast on Friday's jobs report and discuss whether this winter's harsh weather will likely impact the data, and if it will impact Fed policy on tapering.
WASHINGTON, March 7- U.S. hiring likely picked up enough in February to keep the Federal Reserve on track in reducing its monetary stimulus. "Without adverse weather we could have ended with something above 200,000," said Harm Bandholz, chief U.S. economist at UniCredit Research in New York.
WASHINGTON, March 6- Federal Reserve Bank of St Louis President James Bullard had the biggest impact on bond markets of all Fed policymakers in 2013, according to a new tally.
Diane Swonk, Chief Economist at Mesirow Financial, says if her forecast of 185,000 for February's nonfarm payrolls comes true, the Fed may have a difficult time ahead.
WASHINGTON, March 6- It could be another two months before the U.S. In an interview, Atlanta Fed President Dennis Lockhart said flatly that the central bank should keep reducing its policy accommodation even if the February jobs report on Friday falls short of expectations, making for three straight months of sub-par hiring in the world's largest economy.
WASHINGTON/ NEW YORK/ LONDON, March 6- The U.S. economic outlook would have to change dramatically for the Federal Reserve to alter the pace at which it is winding down its massive bond-buying program, three top U.S. central bankers said on Thursday.
WASHINGTON, March 6- Monetary policy is too "crude" of a tool to address possible asset-price bubbles in particular financial markets or corners of the economy, a top Federal Reserve official said on Thursday.
A U.S. Federal Reserve policymaker who has criticized its bond-buying stimulus said the program has lasted too long and may be distorting markets.
Philly Fed President Charles Plosser is "very worried" about the potential for unintended consequences of the Fed's exit from its bond-buying program.
SEATTLE/ MEXICO CITY/ WASHINGTON, March 5- F ederal Reserve Chair Janet Yellen vowed on Wednesday to "do all that I can" to boost a U.S. economy where unemployment is too high and inflation is too low.
CNBC's Asia Squawk Box team discuss the Fed's Beige Book report released on Wednesday, which said recent frigid weather took a toll on the growth of U.S. economy.
NEW YORK, March 5- Federal Reserve Chair Janet Yellen vowed on Wednesday to do all that she can to boost a U.S. economy that is running well short of the central bank's objectives.
The head of the Federal Reserve, Janet Yellen, vowed to do all that she can to bolster a U.S. economy that is still weak.
CNBC's Steve Liesman reports Fed Chair Janet Yellen made some remarks on the economy Wednesday. She said too many cannot find a job or are forced to work part-time.
*Private employers add 139,000 jobs in February. WASHINGTON, March 5- U.S. private employers added fewer workers than expected in February and services sector growth hit a four-year low, the latest signs of the economic toll severe weather is taking.
Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve.
*China maintains 7.5 pct growth target for 2014. LONDON, March 5- Copper rose for a second day to hit a one-week high on Wednesday as investors saw signs that tensions could be easing in Ukraine and after China's leaders affirmed a solid growth target for the year ahead.
*Japan cabinet will set bitcoin rules on Friday. *Japan struggling to define its response after Mt. TOKYO, March 5- Japan will this week set out rules on how to handle bitcoins, the first sign that the government is taking action on regulating the virtual currency after the collapse last week of Tokyo- based Mt.