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White House Government Agencies

  • *New Zealand dollar slips after GDP growth falls short. TOKYO, June 15- The dollar nursed losses on Thursday as weak U.S. inflation data left investors wondering if the Federal Reserve would follow up its latest rate hike with another later this year. Deepening political turmoil in Washington also weighed on the greenback, with the Washington Post reporting that...

  • TOKYO, June 15- U.S. stock futures dipped and Asian shares were on the defensive on Thursday after a media report that U.S. Investors' appetite for riskier assets was also dampened by soft U.S. data and after the Federal Reserve raised interest rates as expected and gave its first clear outline on its plan to reduce its $4.2- trillion bond portfolio.

  • NEW YORK, June 14- Wall Streets top banks brought forward their expectations for when they think the Federal Reserve will begin reducing its $4.5 trillion bond portfolio to as early September, and see balance sheet reduction as more of a priority than another interest rate rise, a Reuters poll showed. In a June 2 Reuters poll, six of 17 primary dealers thought an...

  • NEW YORK, June 14- Wall Streets top banks pulled forward their expectations for the Federal Reserve to announce when it will begin reducing its $4.5 trillion bond portfolio to as early September after the central bank offered more details on the plan on Wednesday, a Reuters poll showed.

  • *Canadian dollar at C $1.3234, or 75.56 U.S. cents. *Loonie touches its strongest since Feb. 28 at C $1.3165. TORONTO, June 14- The Canadian dollar edged higher on Wednesday against its U.S. counterpart but pulled back from a 3-1/ 2- month high as oil prices fell sharply and the Federal Reserve raised interest rates.

  • *Dollar index flat after falling to lowest since Nov. 9. NEW YORK, June 14- The dollar was steady on Wednesday, reversing major early losses, after the Federal Reserve raised U.S. overnight interest rates and said it was prepared to continue tightening monetary policy. The dollar index, which tracks the greenback against six major currencies, fell to its lowest level...

  • WASHINGTON, June 14- The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signaling its confidence in a growing U.S. economy and strengthening job market. The initial cap for the reduction of the Fed's Treasuries holdings would be set at $6...

  • WASHINGTON, June 14- The U.S. Senate will again consider Jessica Rosenworcel, a Democrat, to be a commissioner of the Federal Communications Commission after Republican President Donald Trump nominated her late on Tuesday. Rosenworcel served as a commissioner for the regulator until the end of 2016 when lawmakers failed to take up her renomination under...

  • NEW YORK/ LONDON, June 14- Gold turned negative on Wednesday after the Federal Reserve increased interest rates but was less dovish than expected following a two-day meeting, and the dollar sharply pared its losses against a basket of major currencies. Spot gold fell 0.2 percent at $1,263.03 an ounce by 3:10 p.m. EDT, while U.S. gold futures for.

  • *Fed raises rates, gives details on balance sheet reduction. NEW YORK, June 14- U.S. stocks edged lower on Wednesday after the Federal Reserve raised interest rates for the second time in three months and weaker oil prices weighed on the energy sector. "I dont think that there is really too much new in here outside of the fact that the Fed remains committed to the slow...

  • NEW YORK, June 14- U.S. stocks fell in volatile trading while the dollar pared losses on Wednesday after the Federal Reserve delivered a widely expected interest rate hike and announced it would begin cutting its huge holdings of bonds this year. Treasury yields edged up but remained lower on the day, with the Fed sticking to its plan to raise rates again this year...

  • NEW YORK, June 14- The Federal Reserve pressed ahead with plans to shrink its $4.5 trillion in bond holdings, outlining on Wednesday a very gradual plan for trimming securities that came in at the low end of Wall Street estimates. The Fed plans to initially allow no more than $6 billion in Treasuries to run off per month, and will raise that "cap" each quarter by $6...

  • WASHINGTON, June 14- The Federal Reserve raised interest rates on Wednesday for the second time in three months, citing continued U.S. economic growth and job market strength, and announced it would begin cutting its holdings of bonds and other securities this year. The Fed said the initial cap for Treasuries would be set at $6 billion per month initially and...

  • *Fed raises rates, gives details on balance sheet reduction. June 14- U.S. stocks were little changed on Wednesday after the Federal Reserve made a widely expected move to raise interest rates for the second time in three months. The Fed "met expectations and delivered a dovish hike," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in...

  • *Fed rate decision due at 2:00 p.m. ET. June 14- Wall Street was slightly lower on Wednesday as a drop in oil prices weighed on energy stocks, while weak economic data took a toll on bank shares ahead of a widely expected interest rate hike by the Federal Reserve. Oil prices fell to their lowest in more than five weeks after data showed a surprise buildup in U.S....

  • NEW YORK, June 14- Oil prices tumbled on Wednesday after an unexpectedly large buildup in gasoline stockpiles and the U.S. dollar fell after weak data made investors question the current path of interest rate increases from the Federal Reserve. Oil prices fell to their lowest in over five weeks following the U.S. gasoline data and International Energy Agency...

  • *German, French and Spanish yields hit fresh lows. LONDON, June 14- Europe's benchmark bond yield hit a fresh seven-week low as analysts said weak growth and inflation may encourage the U.S. central bank to adopt a cautious tone after a widely expected rate hike at its meeting on Wednesday. Germany's 10- year yield and most other euro zone equivalents dropped on...

  • *Fed rate decision due at 2:00 p.m. ET. June 14- U.S. stocks were flat in late morning trade on Wednesday as a set of weak economic data weighed on bank shares, while investors waited for the Federal Reserve to pull the trigger on a second interest rate hike this year. The economic data also pressured the dollar index, which fell to its lowest since Nov. 9.

  • WASHINGTON, June 14- The U.S. Senate will again consider Jessica Rosenworcel, a Democrat, to be a commissioner of the Federal Communications Commission after Republican President Donald Trump nominated her late on Tuesday. FCC Chairman Ajit Pai, tapped by Trump in January, has also said he wants to dismantle other significant regulations as part of a sweeping...