Filter by
4186 results found
-
ECB Constancio: Fully Healthy Bank Sector Won’t Guarantee Quick Economic Rebound
By Todd Buell and Christopher Lawton The Wall Street Journal, April 10, 2014. All Rights Reserved. The euro zone faces problems that are more profound than just weakness in the banking sector and that are harder to address, European Central Bank Vice President Vitor Constancio said Thursday. In remarks prepared for delivery in Washington, Mr. […] -
Fed’s Tarullo Says Economy Looking Stronger
Morningstar Advisor, April 10, 2014. All Rights Reserved. WASHINGTON (MarketWatch) — The U.S. economy, aided by the Federal Reserve’s easy monetary-policy stance, is beginning to look healthier, Federal Reserve Gov. Daniel Tarullo said Wednesday. "While we’ve not had certainly the pace and pervasiveness of the recovery that we wanted, the unconventional monetary policy have been […] -
ECB’s Peter Praet Says Euro-Zone Economies “Will See Economic Slack until 2017”
The Wall Street Journal, April 10, 2014. All Rights Reserved. WASHINGTON—The euro zone economy will see economic slack persist until 2017 at least, European Central Bank executive board member Peter Praet said Thursday, suggesting that the ECB will maintain its easy-money policies well into the future. Still, Mr. Praet signaled that the ECB is in […] -
ECB’s Constancio: “We Will Do Something” About Low Inflation
The Wall Street Journal, April 10, 2014. All Rights Reserved. The European Central Bank is poised to take action to tackle the problem of low inflation that continues to consistently undershoot its official target, ECB Vice President Vitor Constancio said Thursday. Mr. Constancio said policy makers are still trying to figure out which measures to take, adding […] -
Dealers Shifted Rate View after Fed Meeting: NY Fed Poll
Reuters, April 10, 2014. All Rights Reserved. (Reuters) – Wall Street bond dealers began anticipating an earlier first interest-rate hike from the Federal Reserve after last month’s policy meeting, according to the results of a poll by the New York Fed released on Thursday. That was exactly what Fed policymakers had feared would happen after […] -
Wednesday’s Top Stories in the United States
MNI | Deutsche Börse Group, April 9, 2014. All Rights Reserved. * Chicago Federal Reserve Bank President Charles Evans Wednesday accused the central bank of being "timid" in its attempts to spur faster economic growth, saying the Fed has been "less aggressive" than called for despite being nowhere its employment and inflation goals. In remarks […] -
UPDATE 1 – At Least 6 Months between End of QE and Rate Rise – Fed’s Evans
MSN Money, April 9, 2014. All Rights Reserved. WASHINGTON, April 9 (Reuters) – The Federal Reserve will likely wait at least six months after ending a bond-buying program before raising interest rates, and will only act that quickly “if things really go well,” a top U.S. central banker said on Wednesday. “It could be six, […] -
Chicago Fed’s Evans: Monetary Pol Less Aggressive Than Needed
MNI | Deutsche Börse Group, April 9, 2014. All Rights Reserved. WASHINGTON (MNI) -–Chicago Federal Reserve Bank President Charles Evans Wednesday accused the central bank of being "timid" in its attempts to spur faster economic growth, saying the Fed has been "less aggressive" than called for despite being nowhere its employment and inflation goals. In […] -
Fed Gov Tarullo: Mon Pol Can Help Address Long-Term Unemplymnt
MNI | Deutsche Börse Group, April 9, 2014. All Rights Reserved. WASHINGTON (MNI) – Federal Reserve Board Gov. Daniel Tarullo Wednesday night argued that monetary policy can play an important role in helping the nation’s long-term unemployment, saying the Fed right now should not be overly concerned with how much of the slow pace of […] -
Tarullo Says Fed Shouldn’t Rush to Avert Any Wage Pressures
Bloomberg Businessweek, April 9, 2014. All Rights Reserved. Federal Reserve Governor Daniel Tarullo said the central bank shouldn’t raise interest rates “preemptively” on a belief the recession cut the supply of ready labor in the economy. “We should remain attentive to evidence that labor markets have actually tightened to the point that there is demonstrable […] -
At Least Six Months between End of QE and Rate Rise: Fed’s Evans
Reuters, April 9, 2014. All Rights Reserved. (Reuters) -–The Federal Reserve will likely wait at least six months after ending a bond-buying program before raising interest rates, and will only act that quickly "if things really go well," a top U.S. central banker said on Wednesday. "It could be six, it could be 16 months," […] -
Fed’s Tarullo: Uncertainty Over Labor Market Slack Means Fed Must Proceed “Pragmatically”
The Wall Street Journal, April 9, 2014. All Rights Reserved. Federal Reserve Governor Daniel Tarullo on Wednesday said policy makers should proceed cautiously in judging when inflationary pressures are building in the economy, given uncertainty that surrounds just how much slack remains in the labor market. Mr. Tarullo placed himself in the camp of Fed […]