JACKSON HOLE, United States- Bank of England Deputy Governor Ben Broadbent, Bank of Japan Governor Haruhiko Kuroda and Central Bank of Brazil Governor Alexandre Antonio Tombini take part in a panel discussion on "Labor markets and monetary policy" at Kansas Fed's annual Jackson Hole symposium.» Read More
*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.
Are federal workers getting a sweeter deal than younger generations? Steve Malanga, Manhattan Institute senior fellow, provides perspective.
Businessman Jim Barbour traded his Wall Street desk job for a saucy new job creating FunniBonz barbecue sauce with friend Ryan Marrone.
Walgreen pharmacies are back online after earlier reporting that many stores couldn't fill prescriptions due to a database failure, Dow Jones said.
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— The stock market paused Friday, following four days of gains, after a speech by Federal Reserve Chair Janet Yellen left investors unsure about how the nation's most important financial voice feels about raising interest rates in the coming months.
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.
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