NEW YORK, Nov 14- The euro edged higher against the U.S. dollar on Wednesday, snapping a five-day losing streak, as worries about debt-laden Spain and Greece eased temporarily and after some Federal Reserve officials discussed the need for more bond buying.
NEW YORK, Nov 14- The euro edged higher against the U.S. dollar on Wednesday, snapping a five-day losing streak, as worries about Spain and Greece eased temporarily and after some Federal Reserve officials discussed the need for more bond buying.
WASHINGTON, Nov 14- A number of Federal Reserve officials thought the U.S. central bank would need to step up asset purchases next year to fill the gap when their Operation Twist program expires, minutes of the Fed's October meeting showed.
WASHINGTON, Nov 14- A number of Federal Reserve officials thought the U.S. central bank would need to step up asset purchases next year to fill the gap when their Operation Twist program expires, minutes of the Fed's October meeting showed.
BEIJING, Nov 14- China's central bank governor, Zhou Xiaochuan, is likely a step nearer retirement on Wednesday after he was left out of a key policymaking group of the ruling Communist Party. He has been central bank chief since December 2002.
TOKYO, Nov 14- Japan's main opposition leader Shinzo Abe, seen as the most likely next premier if a snap election is held next month, called on the central bank to print ``unlimited yen'' to achieve a new inflation target.
WASHINGTON, Nov 13- The Federal Reserve cannot do much more to shelter the U.S. economy if the country goes over a year-end fiscal cliff of tax hikes and government spending cuts, a senior U.S. central bank official said on Tuesday.
WASHINGTON, Nov 13- The Federal Reserve cannot do much more to shelter the U.S. economy if the country goes over a year-end fiscal cliff of tax hikes and government spending cuts, a senior U.S. central bank official said on Tuesday.
*Yellen wants easier policy than Wall Street expects. BERKELEY, Calif., Nov 13- Federal Reserve Vice Chair Janet Yellen said on Tuesday that U.S. short term interest rates may need to stay near zero until early 2016, a half year longer than Wall Street dealers expect, to forcefully lift employment.
WASHINGTON, Nov 13- Federal Reserve Vice Chair Janet Yellen said on Tuesday that U.S. interest rates may need to stay near zero until early 2016 to forcefully lift employment, and she strongly backed adopting inflation and unemployment thresholds to guide policy.
Federal Reserve Vice Chair Janet Yellen said on Tuesday that interest rates may need to stay near zero until early 2016 to forcefully lift employment, and strongly backed adopting inflation and unemployment thresholds to guide policy.
Federal Reserve Vice Chair Janet Yellen said on Tuesday that interest rates may need to stay near zero until early 2016 to forcefully lift employment, and strongly backed adopting inflation and unemployment thresholds to guide policy.