Peter Boockvar of the Lindsey Group calls out Janet Yellen's Fed for being "afraid of its own shadow" on rate policy. » Read More
TOKYO, April 8- Asian shares extended losses to three-week lows on Friday after bank shares slumped globally, while the yen soared to a 17- month high against the dollar as investors unwound bets against the yen, calculating that any effort by Japan to drive down the yen would be vigorously opposed by other major economies. MSCI's broadest index of Asia-Pacific...
TOKYO, April 8- The dollar firmed a little but languished close to 17- month lows against the yen on Friday, with the Japanese currency poised for weekly gains against its major counterparts despite verbal warnings from Japanese officials. Underpinning the greenback, a less cautious tone from Federal Reserve Chair Janet Yellen reminded investors that U.S....
MELBOURNE, April 8- London copper slipped on Friday and was facing its largest weekly loss in three months as investors took profits on expectations that China shipments were set to tail off after the peak quarter for demand. *Shanghai Futures Exchange copper ended the overnight session down 2.7 percent at 35,750 yuan a tonne. *China may be about to shock the...
Janet Yellen and Former Fed chairs Ben Bernanke, Alan Greenspan and Paul Volcker address how the Fed deals with governors who vocally disagree with the Fed's public stance.
Janet Yellen and Former Fed chairs Ben Bernanke, Alan Greenspan and Paul Volcker address whether the Federal Reserve should be more careful in how it communicates its policy.
Janet Yellen and Former Fed chairs Ben Bernanke, Alan Greenspan and Paul Volcker address whether the Federal Reserve has become too politicized.
Federal Reserve Chair Janet Yellen touted the strength of the United States economy and said she did not regret the December rate hike.
Janet yellen and Former Fed chairs Ben Bernanke, Alan Greenspan and Paul Volcker address how the Fed will unwind its balance sheet.
Former Fed chairs Ben Bernanke, Alan Greenspan and Paul Volcker address whether we are due for a recession.
Fed Chair Janet Yellen on whether the strong dollar is a problem, and whether banks are really too big.
Fed Chair Janet Yellen discusses whether the December rate hike was a mistake.
Fed Chair Janet Yellen says the economy is on a solid course and discusses the real unemployment number.
U.S. stocks closed lower as strength in the yen against the dollar renewed concerns about global growth and the effectiveness of monetary policy.
NEW YORK, April 7- U.S. Oil slipped around 1 percent and Wall Street stocks were down 1.5 percent. Federal Open Market Committee meeting released Wednesday at 2 p.m. highlighted concerns about the Federal Reserve's limited ability to tackle a global economic slowdown, reducing the odds of a rate increase this year.
*Dollar falls below 108 yen, first time since October 2014. NEW YORK, April 7- The dollar slumped again against the yen on Thursday in the wake of minutes from the last U.S. Investors were set to monitor an appearance by Janet Yellen at 5:30 p.m. EDT in a conversation with former Federal Reserve chairmen.
One is a near-term pattern — the rush to cover short positions. The other is longer term — the oft-cited "Fed put."
Risk abroad is keeping policymakers from making an interest rate move, Morgan Stanley's Ellen Zentner says.
April 7- Wall Street was lower on Thursday as oil prices slid and minutes from the U.S. While the Fed has projected two rate increases this year, the market is pricing in a near 60- percent chance of a hike in December, according to CME Group's FedWatch Program. "Today, the yen is really the name of the game, because there's indications that Japan might not really be able...
*Dollar falls below 108 yen for first time since Oct 2014. NEW YORK, April 7- The dollar continued to weaken against the yen on Thursday in the wake of minutes from the last U.S. Investors were set to monitor an appearance by Janet Yellen on Thursday at 5:30 p.m. EDT in a conversation with former Federal Reserve chairmen.
WASHINGTON, April 7- The number of Americans filing for unemployment benefits fell more than expected last week, suggesting the labor market continued to strengthen despite tepid economic growth. Initial claims for state unemployment benefits declined 9,000 to a seasonally adjusted 267,000 for the week ended April 2, the Labor Department said on Thursday.