CHICAGO, May 17- The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and overly high unemployment over the next two to three years.
NEW YORK/ LONDON, May 17- Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as the dollar rose to the highest since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy.
ST. LOUIS, May 17- U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo- based exchange Mt. The price of the volatile currency ballooned in March as a result of the Cyprus bank crisis.
The benchmark S&P 500 index fell 0.5 percent on Thursday, its biggest drop since May 1, after a Federal Reserve official said the U.S. central bank could begin reducing its monetary stimulus program this summer.