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The Fed Janet Yellen

  • NEW YORK, March 24- Delicate interest-rate hikes are necessary given the United States may be on the cusp of a jump in inflation, one of the Federal Reserve's most influential officials said on Friday before a local gathering that questioned the wisdom of even gradually trimming economic support for poorer Americans. Addressing residents, professors,...

  • William Dudley

    New York Fed President William Dudley spoke to students during a fireside chat at York College Friday morning.

  • President Donald Trump is seated for a a lunch with Senate Majority Leader Mitch McConnell (L) and House Speaker Paul Ryan.

    European markets closed lower on Friday amid investor uncertainty over a delayed vote on Trump's health-care bill.

  • SYDNEY, March 24- U.S. soybeans dropped 0.5 percent to hit their lowest in four months on Friday, with ample global supply pushing the oilseed towards its third straight weekly decline. *The most active soybean futures on the Chicago Board of Trade were down nearly 1.5 percent for the week. *Soybeans hit a low of $9.86 a bushel on Friday, the weakest since Nov. 18.

  • MELBOURNE, March 24- London copper was on track for a two percent weekly drop on Friday after striking union members at Escondida, the world's top copper mine, agreed to return to work. *SHFE COPPER: Shanghai Futures Exchange copper was little changed at 47,000 yuan a tonne. *CHINA POLLUTION: Beijing and the surrounding province of Hebei will plant trees, establish...

  • *Spot gold was down 0.1 percent at $1,243.60 per ounce by 0058 GMT. On Thursday, it touched its strongest since Feb. 28 at $1,253.12. *Palladium climbed to a peak of $808.70 in the prior session, its highest since March 2015.

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • VIENNA- European Central Bank Board Member Sabine Lautenschlager will participate in strategy panel "CROs im Dialog mit Spitzenvertretern der Aufsicht, Notenbank und Politik" at 25. BRUSSELS- European Central Bank Board Member Daniele Nouy will deliver an introductory statement on the occasion of the presentation of the ECB Annual Report on supervisory...

  • WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers Association's Government Relations Summit- 1145 GMT. FRANKFURT- French Central Bank Chief Francois Villeroy de Galhau and other top European finance officials speak in Frankfurt. FRANKFURT- European Central Bank...

  • San Francisco Federal Reserve Bank President John Williams told the Wall Street Journal Thursday he would want to let the Fed's $4.5 trillion balance sheet begin shrinking by late this year, when U.S. short-term interest rates are expected to be above 1 percent. Mester is often outside the Fed's mainstream, dissenting twice last year in favor of tighter policy;...

  • *Treasury sells $11 bln, 10- year TIPS. NEW YORK, March 23- U.S. President Donald Trump made a final push on Thursday to win over skeptical members of his own Republican Party to begin dismantling Obamacare in the House of Representatives or risk failure on one of his top legislative priorities.

  • WASHINGTON, March 23- The Federal Reserve has begun preparing the public and markets for higher inflation, but has left unanswered the question of how high inflation might go and for how long. A new research paper from economists at the Fed's Washington- based Board of Governors suggests that policymakers should allow prices to rise by around 3.0 percent...

  • NEW YORK, March 23- U.S. President Donald Trump faces a vote in the House of Representatives on a plan that would roll back the signature healthcare law of former President Barack Obama. There is a growing consensus of people who perhaps think that the healthcare bill might not pass, and maybe the market got a little ahead of itself with the expectations of what...

  • WASHINGTON— A new Federal Reserve survey has found that children who grew up in poverty were twice as likely to struggle with financial challenges later in life, Fed Chair Janet Yellen said Thursday. The survey showed that more than half of young people age 25 to 39 who reported that as children they worried over things like having enough food were currently...

  • Yellen gives keynote speech about economic success for young people

    Federal Reserve Chair Janet Yellen talks about building a foundation for economic success for young people at the Federal Reserve System Community Development Research Conference.

  • March 23- U.S. stock index futures were modestly higher on Thursday as investors turned their attention to President Donald Trump's first significant policy test, as he looks to gets a healthcare bill passed in Congress. *The benchmark index is trading at about 18 times expected forward earnings, compared with a 10- year average of 14, according to Thomson...

  • March 23- Financial market concerns are rising about the pace of policymaking in Washington under U.S. President Donald Trump and fellow Republicans in Congress, with investors focused on knock-on effects from any setbacks in Trump's Obamacare rollback plan. April 3: Senate Judiciary Committee expected to vote on Supreme Court nominee Neil Gorsuch, sending...

  • WASHINGTON, March 23- The Federal Reserve has begun preparing the public and markets for higher inflation, but has left unanswered the question of how high inflation might go and for how long? A new research paper from economists at the Fed's Washington- based Board of Governors suggests that policymakers should allow prices to rise by around 3.0 percent...

  • *SHANGHAI COPPER: Shanghai Futures Exchange copper rose 0.6 percent to 47,150 yuan a tonne. *PERU: A railway used by copper, zinc and silver mines to transport their concentrates from Peru's central Andes to port is likely be out of action for at least two to three weeks following "important" damage from floods and mudslides, the transportation minister said on...