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Fed's Williams does not comment on economic outlook, policy
Reuters(Reuters) - San Francisco Federal Reserve President John Williams did not comment on the outlook for the U.S. economy or monetary policy in an address on Monday to students graduating from the University of California, Berkeley. Although the U.S. economy...Tags: Federal Reserve, University of California, Berkeley
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WRAPUP 5-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Federal Reserve, Career and Workplace, Bonds, Employment, S&P 500
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European banks stop sending money to North Korea - aid groups
Reuters* NGOs say European banks won't send money to North Korea * Main problem was Bank of China move to shut account of North's Foreign Trade Bank * Bank of China was key intermediary for fund transfers * Aid groups say worried donors will withdraw...Tags: International Trade, China, North Korea, Beijing (China), U.S. Department of the Treasury
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Bernanke says more progress needed before stimulus pullback
ReutersWASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas pedal, Fed Chairman Ben Bernanke said on Wednesday. A decision to...Tags: Federal Reserve, Economy, Dwayne Johnson, Economic Policy, Mortgages
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Budget office: Obama would veto House Republicans' student loan plan
Associated PressWASHINGTON (AP) — President Barack Obama on Wednesday threatened to veto legislation by House Republicans that would avert a doubling of student loan interest rates on July 1 but allow them to vary with the markets going forward. The White House...Tags: Teaching and Learning, U.S. Senate, U.S. House Committee on Education and the Workforce, John Kline, Barack Obama
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Obama threatens to veto Republican student loan plan
ReutersBy Elvina Nawaguna WASHINGTON, May 22 (Reuters) - The White House threatened on Wednesday to veto a Republican bill to switch federal student loan interest rates to a market-based system, arguing the plan would create more uncertainty for students and...Tags: Teaching and Learning, Virginia Foxx, U.S. Senate, Barack Obama, John Kline
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FOREX-Dollar stands tall after Bernanke comments; China PMI in focus
Reuters* Dollar index holds near three-year highs * Fed could step down bond-buying pace if economy continues to improve * HSBC's early report on China's factory sector next in focus By Ian Chua SYDNEY, May 23 (Reuters) - The dollar hovered at a near three-...Tags: Foreign Exchange Market, Federal Reserve, Finance, U.S. Congress, Ben Bernanke
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Fed's mixed messages roil markets
WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...
Tags: Federal Reserve, Stock Market, Career and Workplace, Employment Opportunities, Dwayne Johnson
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China may scrap floor for interest rates this year -media
ReutersBEIJING, May 23 (Reuters) - China may remove its floor for interest rates as early as this year or next year at the latest, Chinese media said on Thursday, an important step towards freeing the country's tightly-controlled interest rates market. Ba...Tags: Finance, China, Beijing (China), Economy, Business and Finance
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Brent slips below $102 on weak China data, strong dollar
Reuters* Weak PMI casts doubt on China's recovery, oil demand * Dollar at 3-year high, QE3 uncertainties also weigh * Coming Up: Euro zone PMI; 0758 GMT By Ramya Venugopal CHENNAI, India, May 23 (Reuters) - Brent crude futures slipped below $102 per barrel...Tags: Foreign Exchange Market, Federal Reserve, Central Bank, U.S. Congress, Petroleum Industry
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European banks stop sending money to North Korea: aid groups
ReutersBEIJING (Reuters) - European aid groups said their banks in Europe had stopped sending money to North Korea in the wake of U.S. sanctions on Pyongyang's main foreign exchange bank, leaving them scrambling for a solution short of hand-carrying cash into...Tags: International Trade, Thomson Corporation, China, Beijing (China), North Korea
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CNH Tracker-Pilot quota system for moving yuan offshore gathers traction
ReutersBy Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek...Tags: Finance, People's Bank, Ford Motor Co., Moog Incorporated, Economic Policy
May 20, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
|Story| AP Broadcast
May 22, 2013
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May 22, 2013
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May 23, 2013
|Story| Los Angeles Times
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
|Story| Reuters
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