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  • JACKSON HOLE, Wyo., Aug 29- Bank of England Governor Mark Carney said on Saturday that a slowdown in China's economy could push down further on inflation but it did not change, for now, the central bank's position on when and how it might increase interest rates. Their evolution needs to be monitored, not taken for granted, "he said, before adding the direct exposure of...

  • JACKSON HOLE, Wyo., Aug 29- U.S. inflation will likely rebound as pressure from the dollar and other factors fade, allowing the Federal Reserve to raise interest rates gradually, Fed Vice Chairman Stanley Fischer said on Saturday. The influential U.S. central banker was circumspect whether he would prefer to raise rates from near zero at a much-anticipated policy...

  • WASHINGTON— Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have been keeping inflation below the central bank's target level have likely begun to fade. Investors have been trying to determine whether the Fed might still be on course to raise rates after its Sept. 16-17...

  • *China central bank injects liquidity into market. NEW YORK, Aug 28- A volatile ride for global markets this week ended calmly on Friday even as lingering worries over Chinese economic growth and the Federal Reserve's plans to raise interest rates weighed on stocks, but oil rebounded sharply for a second day. U.S. crude jumped more than 6 percent as a rally in...

  • NEW YORK, Aug 28- The dollar rose to one-week highs on Friday for a fourth straight session of gains after some Federal Reserve officials did not rule out an interest rate hike next month despite this week's market meltdown. The index extended gains after Federal Reserve Vice Chair Stanley Fischer said the U.S. central bank can't wait for the case on hiking...

  • JACKSON HOLE, Wyo., Aug 28- The U.S. Some top policymakers, including Fed Vice Chairman Stanley Fischer, said the recent volatility in global markets could quickly ease and possibly pave the way for the first U.S. rate hike in nearly a decade. With a key policy meeting set for Sept. 16-17, at least five Fed officials spoke publicly in what amounted to a jockeying for...

  • *Doubts about China persist despite stabilization. NEW YORK, Aug 28- U.S. So I wouldn't want to go ahead and decide right now what the case is: more compelling, less compelling, et cetera, "Fed Vice Chairman Stanley Fischer told CNBC television on Friday when asked about the prospect of a September interest rate hike.

  • NEW YORK, Aug 28- After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings. Car sales, construction spending, the Federal Reserve's "beige book" and jobs...

  • The EPA says the rule, which took effect Friday in more than three dozen states, will safeguard drinking water for millions of Americans. The House has ignored a White House veto threat and passed a bill to block it, and a Senate committee has passed a measure that would force the EPA to withdraw and rewrite it. The senators— two Democrats and two Republicans— said in an...

  • *Doubts about China persist despite stabilization. NEW YORK, Aug 28- U.S. So I wouldn't want to go ahead and decide right now what the case is: more compelling, less compelling, etcetera, "Fed Vice Chairman Stanley Fischer told CNBC television on Friday when asked about the prospect of a September rate hike.

  • JACKSON HOLE, Wyo., Aug 28- Federal Reserve officials who are most anxious to hike interest rates said on Friday that continued turmoil in financial markets may cause the central bank to delay tightening monetary policy beyond next month, even though the U.S. economy remains strong. Louis Fed President James Bullard told Reuters he still favored hiking rates at...

  • NEW YORK, Aug 28- The dollar rose to one-week highs on Friday, for a fourth straight session of gains, on rate-hike remarks by a senior Fed official and generally positive U.S. data that supported the notion the world's largest economy was on a stable growth path. The index extended gains after Federal Reserve Vice Chair Stanley Fischer said the U.S. central bank...

  • JACKSON HOLE, Wyo., Aug 28- The Swiss National Bank hopes its policies of negative interest rates and a willingness to intervene in the currency market will weaken the overvalued Swiss franc over time, its chairman wrote in a conference paper published on Friday. Switzerland's export-reliant economy has been hampered by a surge in the franc after the SNB removed...

  • WASHINGTON— What once seemed a sure bet— that the Federal Reserve would raise interest rates in September— suddenly appears less certain following a wild week of stock market turbulence. Fed Chair Janet Yellen decided to skip this year's meeting, so Vice Chairman Stanley Fischer is commanding top attention, with investors eagerly parsing his every word.

  • *Consumer spending rises 0.3 percent in July. WASHINGTON, Aug 28- U.S. consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that could keep the door open to a Federal Reserve interest rate hike this year. The Commerce Department said consumer spending, which accounts for more than...

  • Aug 28- Any appreciation in the U.S. dollar in response to a Federal Reserve rate hike is unlikely to generate major disinflationary concerns in the United States but could create inflationary pressures in other countries, according to a paper presented to a global gathering of central bankers. In the United States, where the vast majority of imports are...

  • *Dollar index on track for largest weekly gain in a month. NEW YORK, Aug 28- The dollar gained for a fourth straight session on Friday, buoyed by calmer financial markets and generally positive U.S. data that supported the notion that the world's largest economy was on a stable growth path. "Overall, markets are finally starting to calm down and the economic data is...

  • *Doubts about China persist despite stabilization. NEW YORK, Aug 28- U.S. The index buyers want to get it over with before the weekend, "said Stanley Sun, interest rate strategist at Nomura Securities International in New York.

  • JACKSON HOLE, Wyo., Aug 28- Recent market turmoil should not delay the Federal Reserve from raising interest rates at least once, given that the global equities selloff and China's economic slowdown have had little effect on the U.S. economy, a top Fed official said on Friday. Market volatility has sowed doubts over the timing of the rates "liftoff," particularly...

  • Louis Fed President James Bullard told Bloomberg in an interview from Jackson Hole, Wyoming, where central bankers from around the world are converging for an annual meeting. But Loretta Mester, president of the Federal Reserve Bank of Cleveland, said the volatility has not changed her view that the U.S. economy was ready for a modest increase in interest rates.