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White House Government Agencies

  • *Spot gold was up 0.4 percent at $1,287.21 per ounce by 0110 GMT, after gaining nearly 1 percent the previous day. *The U.S. central bank is roughly at the mid-point on its current path to normalize interest rates as the economy has shown further improvement even without fiscal stimulus, San Francisco Federal Reserve President John Williams told CNN television.

  • LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session at the "Dialogue with the Dallas Fed" event hosted by the Lubbock Chamber of Commerce- 1700 GMT. FRIDAY, AUGUST 18 DALLAS, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer...

  • LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session at the "Dialog with the Dallas Fed" event hosted by the Lubbock Chamber of Commerce- 1700 GMT. FRIDAY, AUGUST 18 DALLAS, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer...

  • Aug 16- The U.S. central bank is roughly at the mid-point on its current path to normalize interest rates as the economy has shown further improvement even without fiscal stimulus, San Francisco Federal Reserve President John Williams told CNN television. The Fed has raised key overnight borrowing costs four times since December 2015, while unemployment...

  • *Canadian dollar at C $1.2627, or 79.20 U.S. cents. TORONTO, Aug 16- The Canadian dollar rebounded against its U.S. counterpart on Wednesday from a one-month low hit the day before, driven by a broad-based retreat in the U.S. dollar on the back of Federal Reserve concerns over inflation. trading at C $1.2627 to the greenback, or 79.20 U.S. cents, up 1 percent.

  • NEW YORK, Aug 16- A Federal Reserve policymaker on Wednesday staked out the hawkish argument for carrying on with U.S. interest rate hikes even while weak recent inflation readings have split opinions among her colleagues at the U.S. central bank. In an interview, Cleveland Fed President Loretta Mester said that while some price readings have fallen this year,...

  • NEW YORK, Aug 16- U.S. stocks ended slightly firmer on Wednesday but off the day's highs as worries mounted over President Donald Trump's agenda and minutes from the latest Federal Reserve meeting suggested policymakers are worried about weak inflation. Indexes lost some ground following Trump's disbanding of two high-profile business advisory councils...

  • WASHINGTON, Aug 16- Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for halting interest rate hikes until it was clear the trend was transitory, according to the minutes of the U.S. central bank's last policy meeting. The readout of the July 25-26 meeting, released on Wednesday, also indicated the Fed was...

  • NEW YORK, Aug 16- Cleveland Federal Reserve Bank President Loretta Mester said the recent weakness in U.S. inflation has not convinced her the Fed should delay plans for further interest rate hikes in an economy she feels remains on track for steady growth and rising wages. Risks to the Fed's current median forecast of one more rate hike this year "are balanced" as...

  • WASHINGTON, Aug 16- Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for a halt to further interest rate hikes until it was clear the trend was transitory, according to the minutes of the central bank's last policy meeting. The readout of the July 25-26 meeting, at which policymakers voted unanimously to keep...

  • STOCKS FURTHER PARE GAINS AFTER MINUTES FROM MOST RECENT FEDERAL RESERVE MEETING.

  • WASHINGTON— Federal Reserve policymakers were worried last month about inflation, but for two opposing reasons. The policy debate was revealed in minutes released Wednesday of the Fed's July 25-26 meeting. The latest reading of traders' expectations shows less than a 50-50 chance of a December hike, according to the CME Group.

  • WASHINGTON, Aug 16- Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for a halt to further interest rate hikes until it was clear the trend was transitory, according to the minutes of the central bank's last policy meeting. The readout of the July 25-26 meeting, at which policymakers voted unanimously to keep...

  • NEW YORK— Six months into her tenure as head of the Small Business Administration, Linda McMahon sees a split among small business owners— they are increasingly optimistic, she says, but many are held back by their inability to get loans or find the right workers for jobs that are staying open. McMahon's observations matched owners' self-assessments in surveys...

  • *Fed's minutes on July policy meeting expected at 1400 ET. Aug 16- The S&P and the Dow rose higher in late morning trading on Wednesday on gains from consumer discretionary stocks, with investors awaiting the minutes on the latest Federal Reserve meeting. "The market is breathing a sigh of relief with the nuclear tensions having eased considerably and following a...

  • NEW YORK, Aug 16- U.S. Traders and investors are awaiting signs from the policy-makers on whether the U.S. central bank would announce its plan to begin reducing its $4.2 trillion worth of Treasuries and mortgage-backed securities on its balance sheet at its Sept. 19-20 meeting, analysts said. "The market wants a confirmation about its balance sheet plan and...

  • NEW YORK, Aug 16- The U.S. dollar rose for a third straight session on Wednesday, reaching its highest level in nearly three weeks against a basket of rival currencies, boosted by expectations for another Federal Reserve interest rate rise in 2017 and cooling geopolitical fears. Stung last week by growing tensions between the United States and North Korea, the...

  • *Fed's minutes on July policy meeting expected at 1400 ET. The central bank will release the details of the July policy meeting at 1400 ET. "Investors are looking at expectations of rates going up, but not right away, in a measured pace," said Andre Bakhos, managing director at Janlyn Capital.

  • NEW YORK, Aug 16- Allan Landon prepared for his job at the Federal Reserve for two-and-a-half years during the Obama administration before his nomination sank into the partisan quicksand of Washington D.C., a swamp which has only deepened under President Donald Trump, leaving more vacancies than ever at the top of the U.S. federal government.

  • SYDNEY, Aug 16- The dollar hoarded hefty gains on Wednesday after strong U.S. retail data put a Federal Reserve rate hike back on the agenda, while Asia stocks inched ahead as tensions in the Korean peninsula simmered down a little. North Korean leader Kim Jong Un has delayed a decision on firing missiles towards Guam while he waits to see what the United States does,...