Tag Archives: Federal Reserve

Obama unlikely to name Fed head this week: source

WASHINGTON (Reuters) – President Barack Obama is unlikely to unveil his pick to succeed Ben Bernanke as chairman of the Federal Reserve this week, & the current Fed No. 2,…

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Stocks down at midday

NEW YORK (AP) — Investor worries approximately a budget fight in Washington are pushing stocks lower for a third straight day. The U.S. House of Representatives voted Friday to defund…

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Stocks edge lower in early trading

NEW YORK (AP) — The stock market edged lower in early trading Monday as investors weighed the potential impact of a budget fight in Washington. A rally in stocks last…

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Tough love: India's new central banker hikes rates

MUMBAI, India (AP) — India’s new central bank chief unexpectedly raised interest rates Friday, putting a higher priority on taming stubbornly high inflation than bowing to pressure to juice the…

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Tough love: India's new central banker hikes rates

MUMBAI, India (AP) — India’s new central bank chief unexpectedly raised interest rates Friday, putting a higher priority on taming stubbornly high inflation than bowing to pressure to juice the…

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U.S. factory activity loses momentum in September: Markit

NEW YORK (Reuters) – U.S. manufacturing activity growth slowed in September as demand for products declined & firms took on fewer workers, an industry report showed on Monday. Financial data…

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Wall Street opens mixed amid Fed policy jitters

NEW YORK (Reuters) – Stocks opened mixed on Monday as traders balanced upbeat data from Germany & China with angst approximately the timing of Federal Reserve tapering as more top…

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Fed leaves banks hanging as commodity asset deadline passes

By David Sheppard & Josephine Mason NEW YORK (Reuters) – The future of Goldman Sachs’ & Morgan Stanley’s commodity businesses faces even greater uncertainty after a key deadline for them…

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Pianalto says Fed's crisis response paved the way to recovery

By Kim Palmer CLEVELAND (Reuters) – Sandra Pianalto, who is retiring as president of the Federal Reserve Bank of Cleveland early next year, did not comment on monetary policy in…

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BoE's Miles sees UK on cusp of sustainable growth

By David Milliken & William Schomberg LONDON (Reuters) – Britain’s economy appears to be heading into a self-sustaining recovery, according to the Bank policymaker who had been the most persistent…

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