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The Fed Janet Yellen

  • Federal Reserve Board Chairwoman Janet Yellen

    There has been much speculation about whether Trump will retain Yellen as Fed chair when her term runs out early next year.

  • LONDON— Federal Reserve Chair Janet Yellen said Tuesday that banking reforms now in place have made the financial system safer, and the world should be able to avoid the type of devastating crisis that struck the global economy in 2008.. Speaking at the British Academy in London, Yellen said that the changes that have been implemented since 2008 have made the "...

  • Federal Reserve Board Chairwoman Janet Yellen

    Fed Chair Janet Yellen said Tuesday that banks are "very much stronger" judging by how major institutions did in the recent stress tests.

  • *Investors focus on Yellen's talk in London. June 27- Wall Street was lower in early afternoon trading on Tuesday as technology stocks continued to slide while investors focused on Federal Reserve Chair Janet Yellen's talk in London. Alphabet fell 1.6 percent to $956.68 after EU antitrust regulators hit the tech giant with a record $2.7 billion fine.

  • Federal Reserve Board Chairwoman Janet Yellen speak during a news conference after the Fed releases its monetary policy decisions in Washington, U.S., June 14, 2017.

    Federal Reserve Chair Janet Yellen will sit down in London with Lord Nicholas Stern, president of the British Academy, to discuss global economic issues.

  • *U.S. shale CEO sees Saudi Arabia moving to lift oil prices. *OPEC to consider options at July meeting in Russia. NEW YORK, June 27- Oil prices rose about 2 percent on Tuesday and hit a one-week high, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for the third consecutive week.

  • LONDON, June 27- German short-dated bond yields jumped to their highest in a year, and the euro hit a nine-month peak, on Tuesday after ECB chief Mario Draghi opened the door to tweaks in the bank's ultra-easy monetary policy as the economy recovers. Speaking at a European Central Bank conference in Sintra, Portugal, Draghi said deflationary forces had been...

  • NEW YORK, June 27- The euro rallied against the U.S. dollar on Tuesday after European Central Bank President Mario Draghi fueled market expectations the ECB will reduce stimulus later this year, while the dollar's weakness helped lift crude prices. The euro hit its highest since early September versus the greenback at $1.1304 as Draghi, speaking to a conference...

  • *Yellen to participate in a discussion at 1 p.m. ET. June 27- The S&P 500 and the Dow Jones Industrial Average pared early losses in late morning trading on Tuesday as bank and consumer stocks rose on robust consumer confidence data, while the Nasdaq Composite was dragged lower by a fall in technology shares. "The consumer remains confident and given that consumers...

  • *Fed Chair Yellen to speak in London later on Tuesday. NEW YORK, June 27- The U.S. dollar hit a more than nine-month low against the euro on Tuesday after the head of the European Central Bank opened the door to steps that might begin to reduce the central bank's emergency stimulus to the economy. Speaking to a conference in Portugal, ECB President Mario Draghi said the...

  • Art Cashin

    "The reversal yesterday was a bit ugly," Art Cashin tells CNBC.

  • *Yellen, Harker due to speak in London on Tuesday. LONDON, June 27- Gold rose on Tuesday after hitting a six-week low in the previous session as bargain hunting set in and the dollar slid sharply before speeches by U.S. "If yesterday gold wasn't able to push below the 200- day moving average that's a positive sign," said ABN Amro analyst Georgette Boele.

  • *OPEC to consider options at July meeting in Russia. LONDON, June 27- Oil prices rose for a fourth consecutive session on Tuesday, boosted by a weaker dollar, but worries over persistent oversupply capped gains. Brent crude futures, the international benchmark for oil prices, gained 46 cents to $46.29 per barrel by 1356 GMT.

  • SAO PAULO, June 27- Brazil's stocks and currency slipped on Tuesday after the country's top federal prosecutor charged President Michel Temer with taking multimillion-dollar bribes. In a document submitted to the Supreme Court, Rodrigo Janot said Temer "fooled Brazilian citizens" and owed the nation millions in compensation for accepting bribes.

  • SAO PAULO, June 27- Brazil's stocks and currency slipped on Tuesday after the country's top federal prosecutor charged President Michel Temer with taking multimillion-dollar bribes. In a document submitted to the Supreme Court, Rodrigo Janot said Temer "fooled Brazilian citizens" and owed the nation millions in compensation for accepting bribes.

  • *Yellen to participate in a discussion at 1 p.m. ET. June 27- Wall Street was pulled lower by a selloff in technology shares at the open on Tuesday, while investors awaited clues on interest rate hikes from Federal Reserve Chair Janet Yellen's talk in London. Alphabet fell 1.2 percent to $960.55 after EU antitrust regulators hit the tech giant with a record $2.7...

  • *Yellen to participate in a discussion at 1 p.m. ET. June 27- Wall Street was pulled lower by a selloff in technology shares at the open on Tuesday, while investors awaited clues on interest rate hikes from Federal Reserve Chair Janet Yellen's talk in London. Alphabet fell 1.2 percent to $960.55 after EU antitrust regulators hit the tech giant with a record $2.7...

  • LONDON, June 27- Germany's short-dated bond yields jumped to their highest in a year, and the euro hit a nine-day peak on Tuesday, after ECB chief Mario Draghi opened the door to tweaks in the bank's ultra-easy monetary policy as the economy recovers. Speaking at a European Central Bank conference in Sintra, Portugal, Draghi said deflationary forces had been...

  • June 27- Wall Street slipped at the open on Tuesday as a selloff in technology shares continued, while investors awaited clues on interest rate hikes from Federal Reserve Chair Janet Yellen's talk in London. The Dow Jones Industrial Average fell 13.14 points, or 0.06 percent, to 21,396.41. The S&P 500 lost 2.91 points, or 0.11 percent, to 2,436.16.

  • NEW YORK, June 27- U.S. Treasury yields rose on Tuesday, in sympathy with European government debt weakness, after European Central Bank President Mario Draghi fueled expectations that the ECB is closer to announcing a reduction of stimulus. He surprised the market with that upbeat stance, said Tom di Galoma, a managing director at Seaport Global in New York.