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Ann Saphir

Mary Daly, labor expert, picked to run San Francisco Fed

14 Sep 2018

FORT WAYNE, Ind. Mary Daly, a labor economist who dropped out of high school, later earned a PhD from Syracuse University, joined the San Francisco Fed's research department in 1996 and led it since 2017, was picked on Friday to be the bank's next president after a five-month search.

Mary Daly, labor expert, picked to run San Francisco Fed

14 Sep 2018

FORT WAYNE, Ind., Sept 14 Mary Daly, a labor economist who dropped out of high school, later earned a PhD from Syracuse University, joined the San Francisco Fed's research department in 1996 and led it since 2017, was picked Friday to be the bank's next president after a five-month search.

Fed policy to turn mildly restrictive in 2019, Evans says

14 Sep 2018

FORT WAYNE, Ind. The Federal Reserve's interest-rate hikes will begin to drag on U.S. economic growth and employment by next year, a U.S. central banker said Friday, as the level of borrowing costs appropriately turns "mildly restrictive" after more than a decade of acting as a stimulant.

Fed policy to turn mildly restrictive in 2019, Evans says

14 Sep 2018

FORT WAYNE, Ind., Sept 14 The Federal Reserve's interest-rate hikes will begin to drag on U.S. economic growth and employment by next year, a U.S. central banker said Friday, as the level of borrowing costs appropriately turns "mildly restrictive" after more than a decade of acting as a stimulant.

Fed has room to raise interest rates for some time, Brainard says

13 Sep 2018

SAN FRANCISCO The Federal Reserve has room to raise interest rates over the next couple of years without slowing economic growth, Fed Governor Lael Brainard said on Wednesday, suggesting that monetary policy would likely continue to tighten for some time.

Trump 'definitely' boosted U.S. growth, Fed's Bullard says

12 Sep 2018

SAN FRANCISCO St. Louis Federal Reserve Bank President James Bullard on Wednesday credited U.S. President Donald Trump with boosting U.S. economic growth in a way that may prove to be sustainable by lifting productivity.

Fed's Kaplan sees 2019 as decision time on rate hike path

07 Sep 2018

DALLAS/WASHINGTON The Federal Reserve should keep raising U.S. interest rates until mid-2019, and only then needs to take a decision on when it ought to stop, Dallas Fed President Robert Kaplan suggested on Friday.

Interest rate futures traders see more Fed hikes next year

07 Sep 2018

Bets are building that the Federal Reserve will follow this year's interest rate hikes with more next year after the U.S. government reported on Friday that the country's employers accelerated hiring in August and increased wages more than expected.

UPDATE 1-Fed's Rosengren calls for better ammunition for economic downturns

06 Sep 2018

SAN FRANCISCO/BOSTON, Sept 6 U.S. fiscal and monetary policymakers are not adequately fortified to battle a future economic downturn and need to do more to prepare, according to research by a Federal Reserve regional president that suggests that the U.S. central bank needs support from fiscal policymakers to be effective.

Markets may be signaling rising recession risk: Fed study

27 Aug 2018

SAN FRANCISCO A narrowing gap between short-term and long-term borrowing costs could be signaling heightened risk of a U.S. recession, researchers at the San Francisco Federal Reserve Bank said in a study published on Monday.

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