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The Fed Janet Yellen

  • 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...

  • *The most active soybean futures on the Chicago Board Of Trade slipped 0.1 percent to $9.99 a bushel, having closed down 0.18 percent in the previous session. *The most active corn futures were unchanged at $3.58-3/ 4 a bushel, having closed down 0.7 percent on Wednesday, when prices hit a low of $3.58-1/ 4 a bushel, their lowest since Feb. 1. *The most active wheat futures...

  • *Spot gold was down 0.2 percent at $1,245.80 per ounce by 0048 GMT. On Wednesday, it touched its strongest since Feb. 28 at $1,251.26. *Trump and House of Representatives leaders were pushing for votes for their plan to overhaul Obamacare and said they were making progress in their efforts to win over conservative Republicans who have demanded changes to the...

  • 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...

  • March 22- 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...

  • SAN FRANCISCO, March 22- With the U.S. workforce nearly fully employed and inflation heading toward 2 percent, the Federal Reserve should raise interest rates two more times this year and continue work on a plan to gradually trim its massive balance sheet, Dallas Federal Reserve Bank President Robert Kaplan said. "I think we are moving toward a period where we...

  • NEW YORK, March 22- U.S. President Donald Trump and Republican congressional leaders appeared on Wednesday to be losing the battle to get enough support in the House of Representatives to pass their Obamacare rollback bill. People are losing confidence in a swift moving set of congressional reform, said Ian Lyngen, head of U.S. rates strategy at BMO Capital...

  • NEW YORK, March 22- U.S. President Donald Trump and Republican congressional leaders appeared on Wednesday to be losing the battle to get enough support in the House of Representatives to pass their Obamacare rollback bill. People are losing confidence in a swift moving set of congressional reform, said Ian Lyngen, head of U.S. rates strategy at BMO Capital...

  • Fed Chair Janet Yellen (l), and Donald Trump (r).

    Tightening monetary policy against fiscal gridlock does not paint a pretty picture.

  • SAN FRANCISCO, March 22- With the U.S. workforce nearly fully employed and inflation heading toward 2 percent, the Federal Reserve should raise interest rates two more times this year and continue work on a plan to gradually trim its massive balance sheet, Dallas Federal Reserve Bank President Robert Kaplan said. "I think we are moving toward a period where we...

  • *Investors focusing on Washington reforms. Treasury yields fell to three-week lows on Wednesday as concerns about delays in passing Washington fiscal reforms weighed on stock markets and increased demand for safe-haven bonds. People are losing confidence in a swift moving set of congressional reform, said Ian Lyngen, head of U.S. rates strategy at BMO...

  • SAN FRANCISCO, March 22- With the U.S. workforce nearly fully employed and inflation heading toward 2 percent, the Federal Reserve should raise interest rates two more times this year and continue work on a plan to gradually trim its massive balance sheet, Dallas Federal Reserve Bank President Robert Kaplan said. But, Kaplan was careful to emphasize in an...

  • Robert Kaplan, president and chief executive officer of the Federal Reserve Bank of Dallas

    The Fed should raise rates two more times this year and continue work on a plan to trim its massive balance sheet, Dallas Fed President Robert Kaplan said.

  • SAN FRANCISCO, March 22- With the U.S. workforce nearly fully employed and inflation heading toward 2 percent, the Federal Reserve should raise interest rates two more times this year and continue work on a plan to gradually trim its massive balance sheet, Dallas Federal Reserve Bank President Robert Kaplan said. But, Kaplan was careful to emphasize in an...

  • 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...

  • 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...

  • RICHMOND, Va., March 21- Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that if the economic data holds up she supports the U.S. central bank taking steps that would begin to reduce its $4.5 trillion balance sheet. "In my view, if economic conditions evolve as I anticipate, I would be comfortable changing our reinvestment policy this year,"...