Story | Dec 19, 2014 | 8:44 PM
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Story | Dec 20, 2014 | 8:46 AMThe world's biggest bond investor Pacific Investment Management Co (Pimco) sees the economic crisis in Russia having only a limited impact on the financial system in the longer run, investment chief Dan Ivascyn told a German newspaper.
Story | Dec 19, 2014 | 12:48 PM
The Federal Reserve should have left itself more flexibility to raise interest rates sooner should the U.S. economy continue to improve, a top U.S. central banker said on Friday. Instead, the Fed left its rates guidance intact, a decision that "strongly...
Story | Dec 19, 2014 | 12:22 PM
A top Federal Reserve official said on Friday that he supported the central bank's addition of the word "patient" to describe its interest rate guidance in its policy statement this week. "I support the characterization that we can be patient,"...
Story | Dec 19, 2014 | 11:45 AM
The U.S. labor market may have more slack than the rapid decline in the unemployment rate suggests, according to a study published Friday by the Federal Reserve Bank of Chicago, pointing to the need for continued easy-money policies. The U.S. jobless...