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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 67-77
  • Fed's Lacker says government rescues of financial firms must stop

    (Reuters) - U.S. regulators need to complete a comprehensive bankruptcy program implementation to allow large financial institutions to unwind in the event they fail, rather than depend on government interventions, a top Fed official said on Friday....
  • Stocks fall on fears of weakness abroad

    It was the steepest of roller-coaster rides for investors this week, and it ended with a 115-point drop in the Dow Jones industrial average that wiped out the year's gains for the benchmark index. Throughout the nation and worldwide, major indexes...
  • Fed's Plosser not too concerned about below-target inflation

    NEW YORK (Reuters) - One of the Federal Reserve's most hawkish policymakers said on Friday he is "not too concerned" that inflation has remained a bit below the U.S. central bank's 2-percent goal the last couple of years. Charles Plosser, head of the...
  • Fed's George repeats call to move soon on hiking rates

    (Reuters) - The U.S. economy is performing well and the Federal Reserve needs to move soon to raise interest rates, a top Fed official said on Friday. Kansas City Federal Reserve Bank President Esther George said the central bank should raise rates...
  • Fed's Fisher: may have 'overshot' on interest rates

    DALLAS (Reuters) - The Federal Reserve may have gone too far with its super-easy accommodative interest rate policy, a top Federal Reserve official said on Friday. The gap between yields on risky corporate bonds compared with yields on Treasuries, seen...
  • Top Fed official fears people 'expect too much' from central bank

    Top Fed official fears people 'expect too much' from central bank
    A top Federal Reserve official said Friday that Americans “expect too much” from the central bank, particularly when it comes to reducing unemployment. Charles Plosser, a voting member on the policymaking Federal Open Market Committee, said...
  • Showbiz Stocks Hit As Dow Plunges Over 300 Points

    The Dow Jones Industrial Average sank more than 300 points on Thursday while the NASDAQ gave up 90 points as two weeks of seesaw activity in the major indices drove investor anxiety. The Dow's 334-point drop on Thursday came on the heels of a 272-point...
  • U.S. fund managers cut global equity holdings but back local stocks: Reuters poll

    (Reuters) - U.S. fund managers recommended cutting global stock holdings in their model portfolio to the lowest since the financial crisis and suggested increasing higher cash and property allocations, a Reuters poll showed. Stock markets in the U.S. and...
  • Despite Fed, Russia, emerging bond issuance booms

    LONDON (Reuters) - Shrugging off fears over the Fed, Russia and a default in Argentina, emerging market borrowers are on track for record bond issuance volumes this year, and their 2013 level may have already been surpassed. A total of $459 billion was...
  • Federal Reserve's Plosser, dissenter on monetary policy, to retire

    Federal Reserve's Plosser, dissenter on monetary policy, to retire
    Philadelphia Federal Reserve President Charles Plosser, who has pushed the central bank to move more quickly to raise its rock-bottom interest rates, said Monday he would retire on March 1. Plosser, known as an inflation hawk because of his view that...
  • Dow tumbles 264 points in biggest stock sell-off in two months

    Dow tumbles 264 points in biggest stock sell-off in two months
    Wall Street saw its biggest stock sell-off in two months Thursday as investors worried over rising geopolitical tensions and the prospect of higher interest rates. The Dow Jones industrial average sank 264.26 points. The plunge was led by tech stocks,...