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The Fed Janet Yellen

  • 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,"...

  • *U.S. 10- year yields lowest since March 1. NEW YORK, March 21- U.S. "Stocks are down, and bonds are reacting to that," said Lou Brien, a market strategist at DRW Trading in Chicago.

  • *U.S. 10- year yields lowest since March 1. NEW YORK, March 21- U.S. "Stocks are down, and bonds are reacting to that," said Lou Brien, a market strategist at DRW Trading in Chicago.

  • Profits down

    The markets are being weighed down by a few key red flags right now.

  • *U.K. inflation jump weighs on safe haven government debt. U.K. inflation shot past the Bank of England's 2 percent target for the first time since the end of 2013, adding to uneasiness among some officials at the central bank about keeping interest rates near zero. Youve got the pound rallying because now people think the Bank of England is going to have to remove...

  • TOKYO, March 21- The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won't accelerate the pace of its interest rate hikes. France's coming two-round election on April 23 and May 7 remained in focus, with nearly 40 percent of voters saying they are...

  • *Spot gold seen dropping to $1,221/ oz- technicals. On Monday, it touched its strongest since March 6 at $1,235.50. "What we are seeing is a bit of washout in short-term positioning as gold is unable to surpass the strong resistance at $1,237," said Jeffrey Halley, senior market analyst at OANDA.

  • *Spot gold was up 0.1 percent at $1,234.40 per ounce by 0045 GMT. On Monday, it touched its strongest since March 6 at $1,235.50. *The Fed will likely wait at least until a June policy meeting to decide whether to lift U.S. interest rates again, giving it time to digest economic and financial market data as well as any clarity on the Trump administration's fiscal policy...

  • *Fed's intended gradual pace of hikes disappoints dollar bulls. TOKYO, March 21- The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won't accelerate the pace of its interest rate hikes. The dollar index, which tracks the greenback against a basket...

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?