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Lindsay Dunsmuir

Daly appointment shows diversity gap between regional Feds

14 Sep 2018

WASHINGTON The appointment of Mary Daly as the second-ever woman to head up the San Francisco Federal Reserve makes plain that some regional central banks continue to make strides in creating a diverse leadership as criticism intensifies about the Fed's hiring policies while others fall behind.

Daly appointment shows diversity gap between regional Feds

14 Sep 2018

WASHINGTON, Sept 14 The appointment of Mary Daly as the second-ever woman to head up the San Francisco Federal Reserve makes plain that some regional central banks continue to make strides in creating a diverse leadership as criticism intensifies about the Fed's hiring policies while others fall behind.

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.

Fed likely to need to hike rates 'a bit beyond neutral': Evans

06 Sep 2018

The Federal Reserve will likely have to raise interest rates past the neutral rate to keep the economy on a sustainable growth path and inflation around target, according to Chicago Federal Reserve Bank President Charles Evans.

'Amazon effect' could have impact on inflation dynamics: paper

26 Aug 2018

More frequent price changes for goods and a rise in the consistency of pricing due to the growth of online retailers may be affecting inflation, according to an academic paper presented on Saturday to some of the world's top central bankers.

U.S. inflation pressures rise in July; Fed on track to lift rates

10 Aug 2018

WASHINGTON U.S. consumer prices rose in July and the underlying trend continued to strengthen, pointing to a steady increase in inflation pressures that keeps the Federal Reserve on track to gradually raise interest rates.

Fed's plan to raise rates appears intact despite Trump criticism

01 Aug 2018

WASHINGTON If President Donald Trump's comments that the Federal Reserve risked killing U.S. economic growth with higher interest rates was even discussed at a policy meeting that ended on Wednesday, there was no sign of it as the central bank indicated it would stick with its forecast of two more rate increases this year.

Fed leaves rates unchanged, stays on course for September hike

01 Aug 2018

WASHINGTON The U.S. Federal Reserve kept interest rates unchanged on Wednesday but characterized the economy as strong, keeping the central bank on track to increase borrowing costs in September.

Fed set to hold rates steady, remain on track for more hikes

31 Jul 2018

WASHINGTON The Federal Reserve is expected to keep interest rates unchanged on Wednesday, but solid economic growth combined with rising inflation are likely to keep it on track for another two hikes this year even as President Donald Trump has ramped up criticism of its push to raise rates.

U.S. debt sales set to surge, hit short-term maturities most

30 Jul 2018

WASHINGTON/NEW YORK The U.S. Treasury on Monday said it expects to borrow $56 billion more during the third quarter than previously estimated, and market participants expect shorter-dated Treasuries to absorb the brunt of the new supply as the Trump administration grapples with a mushrooming budget deficit.

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