TOKYO, Dec 12 (Reuters) - Asian shares slipped to a 2-1/2 month low on Thursday on heightened expectations the Federal Reserve may act sooner than later to unwind its stimulus after a provisional budget deal in Washington eased some of the fiscal drag on the U.S. economy.
provisional budget deal out of Washington removed one of the near-term reasons for the Fed to keep up its current pace of economic stimulus. Last September, the Fed cited the possibility of a hit to the economy if lawmakers didn't agree on a budget
depend on my excerpts! Under this system, the Fed would raise short-term interest rates ..... large and growing securities portfolio. The Fed traditionally has managed short-term ..... significantly impact short-term rates. Since the Fed has pumped $2.5 trillion into the economy
Stanley Fischer, who led the Bank of Israel for eight years until he stepped down in June, has been asked to be the Federal Reserve 's next vice chair once Janet Yellen takes over as chief of the U.S. central bank, a source familiar with the issue
SYDNEY, Dec 12 (Reuters) - The yen held firm in Asia on Thursday, having risen broadly on the back of a slump on Wall Street as expectations grew the Federal Reserve could scale back stimulus as...
s main stock index recorded its biggest single-day drop in about 5-1/2 months on Wednesday after a provisional U.S. budget agreement raised fears the U.S. Federal Reserve might soon begin to scale back its monetary stimulus p
NEW YORK (Reuters) - Stocks posted their largest drop in a month on Wednesday as traders locked in recent gains after a provisional budget deal out of Washington removed one of the near-term reasons for the Fed to keep up its current pace of economic stimulus.
billion from funds that mainly hold U.S. stocks in the latest reporting period on fears of a potential pullback in the Federal Reserve 's bond-buying program, data from the Investment Company Institute showed on Wednesday. The outflows of $1.05 billion
Obama’s leading candidate to become vice chairman of the Federal Reserve , people familiar with the selection process said. Fischer, 70, would replace Janet Yellen as the Fed ’s No. 2 official, according to the people, who asked for
JERUSALEM, Dec 11 (Reuters) - Former Israeli central bank governor Stanley Fischer has been offered the position of vice chairman of the U.S. Federal Reserve , a source familiar with the matter told...