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Janet Yellen

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  • *Wage inflation is already emerging in Texas: Fisher. Sept 19- The United States could be on the verge of a worrisome surge in wages if unemployment continues its downward trend, based on research Dallas Federal Reserve Bank President Richard Fisher presented to his colleagues at the Fed's policy-setting meeting this week.

  • Parliamentary elections are due next May, with the last-minute pledges made to Scotland in an effort to keep the United Kingdom together expected to complicate the picture. It remains to be seen whether, despite the Scottish vote, investors will now require a greater risk premium to hold UK assets. *Scotland stays in UK, but Britain faces change.

  • As Wall Street watches Alibaba, stocks drift Friday, 19 Sep 2014 | 12:16 AM ET

    NEW YORK— With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed. Alibaba gained $25.89 to end at $93.89. Alibaba lined up its initial public offering of stock at $68 a share the day before, raising $21.8 billion from investors.

  • NEW YORK, Sept 18- The dollar scaled more than six-year peaks against the yen on Thursday after data showed a drop in U.S. claims for jobless benefits last week, reinforcing the market's view that U.S. interest rates will rise earlier than expected.

  • *Mechanical problems seen with diminished repo facility. *Central bank unveiled longer-term' normalization' plan. NEW YORK, Sept 18- No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.

  • Stock gains lift US household wealth to a record Thursday, 18 Sep 2014 | 12:12 PM ET

    WASHINGTON— Strong stock market gains and higher home prices boosted Americans' net worth in the April-June quarter to a record high, a trend that could encourage more spending. The Federal Reserve said Thursday that household wealth rose 1.7 percent in the second quarter to $81.5 trillion. Americans' stock and mutual fund portfolios gained $1 trillion.

  • NEW YORK, Sept 18- The dollar hit a more than six-year peak against the yen on Thursday on data showing U.S. jobless claims fell more than expected last week, while global equity markets rallied after the Federal Reserve again pledged to keep interest rates low.

  • NEW YORK, Sept 18- The dollar rose to a more than six-year peak against the yen on Thursday, after data showed U.S. jobless claims fell more than expected last week, reinforcing the market's view that U.S. interest rates will rise sooner rather than later.

  • The Fed's hard choices: Time to pay up Thursday, 18 Sep 2014 | 8:58 AM ET
    U.S. Federal Reserve Board chair Janet Yellen holds a news conference in Washington September 17, 2014.

    The Fed avoided a more severe recession but its choices aren't without consequences. It's time to pay up, says Michael Farr.

  • Yellen says US families need to boost savings Thursday, 18 Sep 2014 | 8:46 AM ET

    WASHINGTON— The Great Recession showed that a large number of American families are "extraordinarily vulnerable" to financial setbacks because they have few assets to fall back on, Federal Reserve Chair Janet Yellen said Thursday.

  • Factoring Fed effect     Thursday, 18 Sep 2014 | 8:17 AM ET

    CNBC's Steve Liesman does the math on the Fed's policy statement on Wednesday. And BlackRock's Jeffrey Rosenberg, weighs in.

  • Fed keeps rates low, but brace for the inevitable Thursday, 18 Sep 2014 | 7:47 AM ET

    Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. Enjoy easy money while it lasts.

  • Real interest rates must go higher: Expert     Thursday, 18 Sep 2014 | 7:10 AM ET

    BlackRock's Jeffrey Rosenberg provides his takeaways from the Fed's policy meeting. The Fed is moving towards normalization, says Rosenberg.

  • FOMC offered no real surprises: Pro     Thursday, 18 Sep 2014 | 7:07 AM ET

    Larry Kantor, Barclays, and Vincent Reinhart, Morgan Stanley, discuss Fed policy and when investors can expect to see more tightening.

  • Investor 'don't get' Alibaba: Pro     Thursday, 18 Sep 2014 | 6:13 AM ET

    Richard Steinberg, Steinberg Global Asset Management, explains why he is not buying shares of Alibaba right now.

  • Reading Fed's tea leaves     Thursday, 18 Sep 2014 | 6:10 AM ET

    Maury Harris, UBS chief U.S. economist, and Richard Steinberg, Steinberg Global Asset Management, weigh in on low interest rates and the Fed's exit strategy.

  • Why stocks and bonds see Fed outlook differently Thursday, 18 Sep 2014 | 6:03 AM ET
    Janet Yellen, chair of the U.S. Federal Reserve.

    Bonds sold off as traders read the Fed's new rate forecasts as slightly more aggressive, but dovish comments from Yellen and the Fed statement drove stocks up.

  • *Scotland's independence vote next focus, sterling volatility jumps. LONDON, Sept 18- The dollar began European trading on Thursday almost 1.5 percent higher against the yen than 24 hours earlier, after the Federal Reserve sent another shock through the global financial system by raising its projections on future interest rates.

  • Fed keeps rates low, but brace for the inevitable Thursday, 18 Sep 2014 | 12:02 AM ET

    WASHINGTON— Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. "Borrowers should see the writing on the wall," said Greg McBride, chief financial analyst at Bankrate.com.

  • *Scotland's independence vote next focus. SYDNEY/ SINGAPORE, Sept 18- The dollar hit a six-year high against the yen on Thursday after the Federal Reserve's guidance on interest rates highlighted the diverging pathways between the United States and other rich nations. The greenback raced to a high of 108.69 yen, its strongest level since September 2008.