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Ann Saphir

Warren calls on big U.S. banks for steps on climate risk

22 Jan 2020

SAN FRANCISCO/WASHINGTON U.S. Senator Elizabeth Warren, a contender for the Democratic Party's presidential nomination, is asking the biggest U.S. banks for details on their assessments of and preparations for risks related to global warming.

UPDATE 1-Warren calls on big U.S. banks to disclose preparation for climate risk

22 Jan 2020

SAN FRANCISCO/WASHINGTON, Jan 22 U.S. Senator Elizabeth Warren, a contender for the Democratic Party's presidential nomination, is asking the biggest U.S. banks for details on their assessments of and preparations for risks related to global warming.

Fed sees U.S. economy on track, Trump renews Fed gripes

15 Jan 2020

SAN RAMON, Calif./NEW YORK U.S. central bankers on Wednesday expressed confidence they have borrowing costs at the right level to sustain growth and lift inflation to healthier levels, despite what businesses say is a lingering drag from uncertainty over U.S. trade policy.

Fed's Daly sees inflation reaching 2% goal next year

15 Jan 2020

SAN RAMON, Calif. U.S. inflation, which has fallen short of the Federal Reserve's 2% goal for years, should reach that benchmark next year, pushed by a tight labor market and rising wages, San Francisco Federal Reserve Bank President Mary Daly said on Wednesday.

Fed's Daly says she expects inflation to reach 2% goal next year

15 Jan 2020

SAN RAMON, Calif. U.S. inflation, which has fallen short of the Federal Reserve's 2% goal for years, should reach that benchmark next year, pushed by a tight labor market and rising wages, San Francisco Federal Reserve Bank President Mary Daly said on Wednesday.

Fed's Daly says she expects inflation to reach 2% goal next year

15 Jan 2020

SAN RAMON, Calif., Jan 15 U.S. inflation, which has fallen short of the Federal Reserve's 2% goal for years, should reach that benchmark next year, pushed by a tight labor market and rising wages, San Francisco Federal Reserve Bank President Mary Daly said on Wednesday.

Fed's on hold but next move may be rate cut, Kashkari says

10 Jan 2020

MINNEAPOLIS U.S. monetary policy is in a holding pattern for now, but the Federal Reserve's next move may well be to cut interest rates given signs the economy may be weakening, Minneapolis Federal Reserve Bank chief Neel Kashkari told Reuters on Friday.

Fed's Kaplan says rates 'appropriate,' flags balance sheet concern

09 Jan 2020

DALLAS The Federal Reserve has interest rates just about where they need to be to keep the U.S. economy growing, push down on unemployment and coax inflation back up to 2%, Dallas Federal Reserve Bank President Robert Kaplan said on Thursday.

RPT-Fed faces new trade-offs, hunts for new model, in low-rate world

06 Jan 2020

SAN DIEGO, Jan 5 An unprecedented combination of low U.S. unemployment, weak inflation and low interest rates has the U.S. Federal Reserve grappling with how to fight the next recession, as experts debate new approaches to financial regulation as well as a fuller overhaul of Fed strategy.

Fed faces new trade-offs, hunts for new model, in low-rate world

06 Jan 2020

SAN DIEGO An unprecedented combination of low U.S. unemployment, weak inflation and low interest rates has the U.S. Federal Reserve grappling with how to fight the next recession, as experts debate new approaches to financial regulation as well as a fuller overhaul of Fed strategy.

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