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  • WASHINGTON, Nov 14- St. Louis Federal Reserve Bank President James Bullard said he is holding to his forecast of raising interest rates in the first quarter of next year, as jobs data and lower oil prices provide an added boost to a strengthening U.S. economy. Bullard said he expects inflation to move toward the central bank's 2 percent target in the second half of...

  • ST. LOUIS, Nov 14- St. Louis Federal Reserve Bank President James Bullard said on Friday he did not expect wage data to give the central bank much indication on inflation pressures. With the economy growing, an explosion in wages could happen but it's a lagging effect, he said. Bullard also said in a question and answer session after prepared remarks here that he is...

  • CHICAGO, Nov 14- Farmland values in the southern U.S. Midwest and Delta region rose almost 15 percent during the third quarter from the same period a year earlier, despite lower farm income, as grain prices fell, the Federal Bank of St. Louis said on Friday. The St. Louis district covers Arkansas, eastern Missouri, southern Illinois and Indiana, and parts of Kentucky,...

  • ST. LOUIS, Nov 14- The Federal Reserve needs to move more quickly with raising interest rates, a top Fed official said on Friday, as low inflation readings fail to justify keeping rates near zero. Lower oil prices and job market data that are exceeding Fed forecasts are helping to propel the U.S. economy, said St. Louis Fed Bank President James Bullard.

  • Spreadbetters expected the cautious mood in risk assets continuing into Europe, forecasting an effectively flat open for London's FTSE, Germany's DAX and France's CAC. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 percent. "As Federal Reserve policy shifts towards monetary tightening, the kind of risk aversion stemming from...

  • MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.2 percent. "As Federal Reserve policy shifts towards monetary tightening, the kind of risk aversion stemming from emerging markets we saw at the start of the year may take place again," said Junichi Ishikawa, a market analyst at IG Securities in Tokyo. We may see instability continue in...

  • *Asia dips in light of soft China data. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.25 percent. "As the Federal Reserve policy shifts towards monetary tightening, the kind of risk aversion stemming from emerging markets we saw at the start of the year may take place again," said Junichi Ishikawa, a market analyst at IG Securities in Tokyo.

  • CHICAGO, Nov 13- Farmland prices in the U.S. "The downturn in crop prices of the past two years finally extinguished the trend of rising farmland values that had prevailed in the District since the fourth quarter of 2009," the Federal Reserve Bank of Chicago said, reporting land prices fell 2 percent from the second quarter but were unchanged from a year ago.

  • SAN FRANCISCO/ WASHINGTON, Nov 13- The U.S. Federal Trade Commission is seeking assurances from Apple Inc that it will prevent sensitive health data collected by its upcoming smartwatch and other mobile devices from being used without owners' consent, two sources told Reuters. The two people, both familiar with the FTC's thinking, said Apple representatives...

  • CHICAGO, Nov 13- U.S. farmland prices in the central Corn Belt states eased slightly in the July-September quarter, but stayed steady on year-ago levels as values held up despite the downturn in grain prices that accelerated with this year's record harvest, the Federal Reserve Bank of Chicago said on Thursday. "Declines from a year ago in' good' agricultural land...

  • WASHINGTON, Nov 13- In a paradoxically good development for the U.S. economy, Americans quit their jobs in September at the fastest rate in over six years. Two percent of U.S. job-holders, or about 2.8 million workers, left their jobs under their own volition in September, the Labor Department said. Second, Federal Reserve Chair Janet Yellen has signaled the quits...

  • CHICAGO, Nov 13- Farmland values in the central U.S. Plains held mostly steady in the July-September quarter compared to a year ago, with land prices and loan demand generally tracking commodity price trends, the Federal Reserve Bank of Kansas City said on Thursday. The bank's district includes Kansas, Nebraska, Oklahoma, western Missouri, eastern Colorado and...

  • SAN FRANCISCO, Nov 13- The Federal Reserve remains poised to start raising U.S. interest rates by mid-2015, according to a Reuters poll of economists, but at a pace that's well short of what Fed officials themselves say would be appropriate. The latest poll, conducted Nov. 7-13, showed that economists also expect the job market to continue to strengthen and...

  • ABU DHABI, Nov 13- Market expectations that U.S. interest rates will start to lift off sometime in mid-2015 are reasonable, New York Federal Reserve President William Dudley said on Thursday. Dudley, answering questions at a luncheon hosted by the United Arab Emirates central bank in Abu Dhabi, also said recent U.S. non-farm payrolls data had been very consistent...

  • ABU DHABI, Nov 13- Market expectations that U.S. interest rates will start to lift off sometime in mid-2015 are reasonable, New York Federal Reserve President William Dudley said on Thursday. Dudley, answering questions at a luncheon hosted by the United Arab Emirates central bank in Abu Dhabi, also said recent U.S. non-farm payroll data had been very consistent...

  • ABU DHABI, Nov 13- Hiking interest rates too early poses "considerably greater" risks for the Federal Reserve than moving too late, an influential Fed official said on Thursday in a strong defense of the U.S. central bank's patient approach to tightening policy. As the central bank approaches its first rate rise in nearly a decade, expected some time next year,...

  • DIARY - Top economic Events to Nov 26 Wednesday, 12 Nov 2014 | 7:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen gives welcome remarks before the European Central Bank, Federal Reserve Board, and Federal Reserve Bank of New York Conference: Global Research Forum on International Macroeconomics and Finance- 1745 GMT. STANFORD- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on the oil boom in...

  • WASHINGTON, Nov 12- Republican lawmakers on Wednesday urged the U.S. Federal Communications Commission against any plan to regulate the Internet more like public utilities. In a letter to FCC Chairman Tom Wheeler, more than three dozen House and Senate Republicans said that changes to Internet regulations proposed this week by U.S. President Barack Obama...

  • U.S. HOUSE ENERGY AND COMMERCE COMMITTEE TELLS FEDERAL COMMUNICATIONS COMMISSION IN LETTER THAT RECLASSIFYING INTERNET UNDER TITLE II "BEYOND THE SCOPE" OF AGENCY'S AUTHORITY.

  • WASHINGTON, Nov 12- The U.S. "The Federal Reserve is continuing to investigate in the foreign exchange markets in coordination with other authorities, including the Department of Justice," the spokesman said in a statement. The announcement was made as global regulators fined five major banks, including UBS, HSBC and Citigroup, $3.4 billion for failing to stop...