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The Fed Janet Yellen

  • HONG KONG, Feb 16- Asian stocks edged to new 19- month highs on Thursday with gains underpinned by an ongoing rally on Wall Street while the dollar came in for a bout of profit-taking after its recent bounce. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent to its highest since July 2015. "We are seeing some profit-taking at these levels...

  • NEW YORK, Feb 15- The Federal Reserve aims to raise U.S. interest rates in the months ahead as long as the economy continues to grow a bit above its trend and if, as expected, fiscal policies provide a boost, an influential Fed policymaker said on Wednesday. The comments by New York Fed President William Dudley, a close ally of Fed Chair Janet Yellen, reinforced the...

  • TOKYO, Feb 16- The dollar took a breather on Thursday after climbing to a one-month high as a run of upbeat U.S. economic data rekindled expectations of an early rate hike by the Federal Reserve. The dollar index touched 101.76 on Wednesday, a peak unseen since Jan. 12, on the wake of better-than-expected U.S. inflation and retail sales data before retreating to...

  • *Spot gold had edged up 0.1 percent to $1,233.16 per ounce at 0053 GMT, while U.S. gold futures were up 0.1 percent at $1,234.6. *Republican lawmakers on Wednesday criticized Fed Chair Janet Yellen's stewardship of the U.S. economy and urged her to halt work on financial regulation until President Donald Trump names new policymakers to the central bank.

  • HONG KONG, Feb 16- Asian stocks edged up to fresh 19- month highs on Thursday, helped by an extended rally on Wall Street and strong U.S. data though the dollar stepped back after a recent bounce. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent, rising to its highest since July 2015. "The index has now closed above the key technical...

  • OSLO- Norges Bank Governor Oystein Olsen will deliver an annual speech in Oslo- 1800 GMT. MAASTRICHT, Netherlands- ECB Board Member Benoit Coeure is scheduled to give keynote speech followed by panel discussion at an event on "25 years after Maastricht: The future of money and finance in Europe" jointly organized by the University of Maastricht, University of...

  • OSLO- Norges Bank Governor Oystein Olsen will deliver an annual speech in Oslo- 1800 GMT. MAASTRICHT, Netherlands- ECB Board Member Benoit Coeure is scheduled to give keynote speech followed by panel discussion at an event on "25 years after Maastricht: The future of money and finance in Europe" jointly organized by the University of Maastricht, University of...

  • Feb 15- Try to hide wherever you like but periods of rising interest rates mean lower returns. U.S. inflation is now at 2.5 percent, the highest since 2012, and hawkish testimony before lawmakers by Fed Chair Janet Yellen has prompted traders to now see a 42 percent chance of a March hike, up from just 30 percent Monday. "It is hard to identify assets that perform well in...

  • *Canadian dollar ends at C $1.3075, or 76.48 U.S. cents. TORONTO, Feb 15- The Canadian dollar pared most of its losses against the greenback on Wednesday, supported by firm domestic data and optimism about the outlook for trade ties with the United States. President Donald Trump said he only wants to tweak trade ties with Canada.

  • NEW YORK, Feb 15- A gauge of major world markets climbed to a record on Wednesday and U.S. Fed Chair Janet Yellen on Tuesday, which she repeated to the House of Representatives on Wednesday, that the central bank would probably need to raise rates at one of the upcoming meetings. "A year ago, if Janet Yellen had come out with the statement she made, the market would have...

  • A trader works on the floor of the New York Stock Exchange.

    Equities in the United States climbed to new highs on Wednesday as investors parsed through key economic data.

  • During a hearing that stretched over four hours, GOP lawmakers repeatedly challenged Yellen's handling of the economy and her leadership in implementing the 2010 Dodd-Frank Act, a measure that President Donald Trump and Republicans have vowed to overhaul. Republicans pointedly told Yellen that she should realize that changes are underway with...

  • NEW YORK/ LONDON, Feb 15- Gold rose as the dollar came off its highs on Wednesday, shrugging off earlier pressure from stronger-than-forecast U.S. inflation and retail sales that added to expectations for near-term U.S. interest rate rises. Spot gold was up 0.2 percent at $1,231.06 an ounce by 3:14 p.m. EST. I think the market could easily absorb a quarter-point...

  • Bond traders at CME Group

    U.S. government debt prices fell as investors focused on the testimony of the Federal Reserve's top official and digested economic data.

  • Federal Reserve Chair Janet Yellen, in her second day of economic testimony before Congress, offered no additional insight on the timing of the central bank's next rate hike. President Donald Trump and the Republican-controlled Congress. Philadelphia Federal Reserve Bank President Patrick Harker reckoned three rate hikes were appropriate this year,...

  • NEW YORK, Feb 15- Benchmark U.S. The Labor Department said its Consumer Price Index jumped 0.6 percent last month after gaining 0.3 percent in December. Data from the Commerce Department showed that retail sales rose 0.4 percent last month as households bought electronics and a range of other goods.

  • Feb 15- Wall Street pushed further into record-high territory on Wednesday, with the S&P 500 on track for a seven-session winning streak for the first time since 2013 after President Donald Trump repeated his promise of tax cuts. Federal Reserve Chair Janet Yellen, in testimony before the House Financial Services Committee, stood by the stance she took on...

  • WASHINGTON, Feb 15- U.S. retail sales rose more than expected in January and consumer prices recorded their biggest gain in nearly four years, boosting prospects of an interest rate increase from the Federal Reserve next month. The reports came as Federal Reserve Chair Janet Yellen appeared to put a March interest rate hike on the table. "All things consumer show...

  • 100 dollar bills

    The greenback was previously on track for its 11th straight day of gains.

  • Oil jack pumps are pictured in the Kern River oil field in Bakersfield, Calif.

    Oil prices were choppy on Wednesday after a government report showed a large rise in U.S. crude inventories.