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The Fed Janet Yellen

  • Federal Reserve Chairman Janet Yellen speaks during a news conference after a two-day Federal Open Markets Committee (FOMC) policy meeting, in Washington, September 20, 2017.

    Sri-Kumar believes stocks would be better served in the long-run with hawkish Kevin Warsh as the next Fed chair.

  • *Oil rises as fighting escalates in Iraq's oil-rich Kirkuk. Oct 16- Wall Street was set to open slightly higher on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results this week. Out of the 32 that have reported so far, 84.4 percent have beat earnings expectations, according to Thomson Reuters...

  • WASHINGTON, Oct 16- The leaders of the world's top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects of the crisis, evolving technology and a combustible political landscape will challenge their successors. The Federal Reserve, the Bank of Japan and...

  • A trader works on the floor of the New York Stock Exchange (NYSE) in New York.

    U.S. stock futures were higher this morning after stocks hit record highs on Friday.

  • Oct 16- U.S. stock index futures pointed to a slightly positive start for Wall Street on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results this week. Wall Street investment banks Goldman Sachs and Morgan Stanley report on Tuesday. *Wall Street indexes ended higher on Friday, with the S&P...

  • Euro Dollar

    The dollar gained slightly on Monday as investors repositioned after the greenback hit its lowest levels in more than two weeks on Friday.

  • Eric Rosengren, president of the Boston Federal Reserve Bank.

    The Fed will probably need to raise interest rates in December and then three or four times "over the course of next year," Boston Fed President Eric Rosengren said.

  • *Spot gold may break resistance at $1,305/ oz- technicals. Oct 16- Gold steadied above a key psychological level of $1,300 on Monday, buoyed by worries over Iran, while a firmer dollar weighed on sentiment. Geopolitical risks, including the ongoing tensions over Iran and North Korea, are likely to persist this week, Jeffrey Halley, a senior market analyst with OANDA,...

  • WASHINGTON, Oct 16- The leaders of the world's top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects of the crisis, evolving technology and a combustible political landscape will challenge their successors. The Federal Reserve, the Bank of Japan and...

  • Oct 16- Gold slipped on Monday on a firmer dollar and stronger Asian equities, but stayed above the key psychological level of $1,300. President Donald Trump warned he might ultimately end a 2015 nuclear agreement with Iran and after data showed underlying inflation remained muted in the United States. The weaker-than-expected U.S. inflation print helped...

  • BOSTON, Oct 16- The Federal Reserve will probably need to raise interest rates in December and then three of four times "over the course of next year," assuming the U.S. unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said. Still, Rosengren's view lags the faster rate-hike path signaled by many monetary policy rules,...

  • *Asian shares advanced to new highs on Monday following the lead of Wall Street, while U.S. oil futures jumped to hover near a six-month peak as escalating tensions between Iraq and Kurds threatened supply. *Senior Trump administration officials said on Sunday that the United States was committed to remaining part of the Iran nuclear accord for now, despite...

  • Federal Reserve Chairman Janet Yellen speaks during a news conference after a two-day Federal Open Markets Committee (FOMC) policy meeting, in Washington, U.S., September 20, 2017.

    Yellen's comments suggest the Fed will soon resume raising interest rates to reflect the strengthening economy.

  • WASHINGTON, Oct 15- The U.S economy remains strong and the strength of the labor market calls for continued gradual increases in interest rates despite subdued inflation, Federal Reserve Chair Janet Yellen said on Sunday. "We will be paying close attention to the inflation data in the months ahead," Yellen said in prepared remarks at an international banking...

  • WASHINGTON— Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will likely slow economic growth slightly but only temporarily and should be followed by a rebound by year's end. "Economic activity in the United States has been...

  • WASHINGTON, D.C.- Riksbank Governor Stefan Ingves, Deputy Governor Cecilia Skingsley and Deputy Governor Per Jansson will attend the Annual Meetings of the International Monetary Fund and the World Bank. WASHINGTON- ECB President Mario Draghi hold a news conference in Washington 1700 GMT. WASHINGTON- Participation by ECB board member Sabine Lautenschlager...

  • WASHINGTON, Oct 13- BlackRock Inc Chief Executive Officer Larry Fink warned on Friday that financial markets are ignoring underlying risks, which means there could be a "big correction" if a major surprise world event occurred. If there is a major event, which I dont foresee anything, but if there is one, we could have a big correction, "he said at the annual meeting of...

  • *10- year Treasury yields lowest since Sept. 27. NEW YORK, Oct 13- U.S. There is really no fig leaf to cover up this notion that inflation is weak, and it's weak in a very broad sense, said Aaron Kohli, an interest rate strategist at BMO Capital Markets in New York.

  • WASHINGTON, Oct 13- U.S. consumer prices recorded their biggest increase in eight months in September as gasoline prices soared in the wake of hurricane-related production disruptions at oil refineries in the Gulf Coast, but underlying inflation remained muted. "The firmness in retail sales should override the enduring mystery of low inflation to spur a...

  • Stanley Fischer, vice chairman of the U.S. Federal Reserve.

    "Janet is a safe pair of hands," Stanley Fischer tells CNBC on his last day as vice chairman of the Federal Reserve.