*Fed's Yellen seen as more balanced in her Jackson Hole speech. NEW YORK, Aug 22- The dollar rose to its highest in more than 11 months against a basket of currencies on Friday after Federal Reserve Chair Janet Yellen came out more balanced than expected on her views about the U.S. economy and monetary policy in remarks to central bankers.» Read More
Investors appear to be putting their money on the likelihood of more stimulus measures from the European Central Bank to keep the eurozone's shaky recovery from stalling. They will be closely watching ECB President Mario Draghi's speech for more clues later Friday at a global banking conference in Jackson Hole, Wyoming.
JACKSON HOLE, Wyo., Aug 22- Federal Reserve Chair Janet Yellen called for a "pragmatic" approach to U.S. monetary policy on Friday, amid calls by hawkish members of the central bank's policy committee for a quick rise in interest rates due to tightening labor markets and inflationary risks.
The Fed should wait several more months to make sure the economy is on track, said Atlanta Federal Reserve Bank President Dennis Lockhart.
Bullard also tells CNBC he's sticking with his prediction that the Fed should start hiking interest rates late in the first quarter of 2015.
Fed Chair Janet Yellen managed to appease doves but gave slight encouragement to hawks in her much anticipated Jackson Hole speech.
BROWNSVILLE, Texas— Cameron County commissioners have agreed to waive 10 years of county taxes as part of an agreement bringing the world's first commercial site for orbital rocket launches to the southernmost tip of Texas.
*European shares wobble as Russia convey goes into Ukraine. LONDON, Aug 22- The high-flying dollar steadied on Friday as markets waited for steers on U.S. monetary policy, while escalating tensions over Ukraine halted a strong run-up by European stocks.
BULLARD SAYS ANOTHER RECESSION IN EUROPE WOULD BE A SERIOUS ISSUE FOR U.S.
Quantitative easing by central banks under the right conditions will always have a positive outcome for household demand, according to the chief economist at Citi.
NEW YORK— Stocks were little changed Friday after a speech by Federal Reserve Chair Janet Yellen left investors unsure on how the nation's most important financial voice feels about raising interest rates in the coming months. Investors were also monitoring another flare-up in tensions between Ukraine and Russia.
NEW DELHI, Aug 22- U.S.-based economist Arvind Subramanian is poised to be named as chief economic adviser to Prime Minister Narendra Modi's government, two sources at the finance ministry said on Friday. The appointment of Subramanian, a senior fellow at the Peterson Institute for International Economics, was recommended by Finance Minister Arun Jaitley.
NEW DELHI, Aug 22- U.S.-based economist Arvind Subramanian is poised to be named as chief economic adviser to the Indian government, the finance ministry said on Friday.
Chris Watling, CEO of Longview Economics, expects volatility to return soon to markets as Fed easing comes to an end. He later discusses how that may present opportunities.
Recent positive housing, lending and capital spending data suggest that the U.S. economoy is recovering faster than expected, says Chris Watling, CEO of Longview Economics.
John Carey, EVP & Portfolio Manager at Pioneer Investments, says consumer stocks will likely benefit from improved consumer confidence and a better Christmas season ahead.
Fed hawks and doves have a lot more in common than they used to—an improving labor market.
Judge Thomas Griesa said Argentina cannot change the debt's domicile after meeting with the country's counsel and debt holdouts on Thursday.
Charles Plosser reiterated his dissent to the Federal Reserve's "risky" current policy.
WASHINGTON— Figures on government spending and debt.
What your money buys you in Minneapolis real estate with Matthew Baker of Coldwell Banker Burnet.
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