WASHINGTON _ Federal Reserve policymakers meet to set interest rates; statement and economic forecast due at 2:00 p.m. Eastern; Chairman Ben Bernanke holds press conference at 2:30 p.m.. FedEx Corp. reports quarterly financial results. Hennes& Mauritz, the Swedish clothing retailer, reports quarterly financial results.
LONDON, June 18- Britain's top market regulations enforcer said on Tuesday her agency would pursue relentlessly individuals who break rules such as rigging Libor interest rates, and that fines were not punishment enough.
*Fed to buy $1.25 bln- $1.75 bln bonds due 2036-2043. NEW YORK, June 18- U.S. Some components to core are resuming their strength and that does tend to lend some credence to the fact that it will be stable, but stable at these levels is still missing the Fed's mandate, "said Aaron Kohli, an interest rate strategist at BNP Paribas in New York.
JERUSALEM, June 18- The European Central Bank is ready to act to aid the euro zone economy if needed, while signs of market stabilisation mean interest rates are becoming a more effective tool again, ECB chief Mario Draghi said on Tuesday.
JAKARTA, June 18- Indonesia's planned hike in fuel prices will drive 2013 inflation to a five-year high and pressure the central bank to raise interest rates again even as the increased cost of living weighs on consumers in Southeast Asia's largest economy.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."