president-john

Fed’s Williams says U.S. economy in good shape, wants rate hike

A top Federal Reserve official on Tuesday repeated his call for gradual interest rate hikes, evidently unfazed by a slowdown in U.S. job gains and sluggishness in the services sector that now has traders betting against any rate hike at all this year. It “makes sense …

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Fed’s Williams says U.S. economy in good shape, wants rate hike

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Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

San Francisco Fed President John Williams said Thursday that at least two interest-rate hikes this year is the “right course” so long as the U.S. economy continues to grow, businesses add jobs, and inflation picks up as he expects. “If the …

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Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

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Berkshire resumes buying Phillips 66 stock

(Reuters) – Berkshire Hathaway Inc , the conglomerate run by Warren Buffett, has resumed its purchases of Phillips 66 stock, and spent roughly $832 million in January to boost its stake even as the oil refiner's profit margins narrowed. According to a regulatory filing on Friday night, Berkshire

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Berkshire resumes buying Phillips 66 stock

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Fed’s Williams says sees ‘smidgen’ slower rate hikes

The Federal Reserve probably needs to keep U.S. interest rates lower for longer given headwinds from weak global economic growth, a stronger dollar and an unexpectedly sustained drop in oil prices, a top Fed official suggested on Friday. San Francisco Federal Reserve Bank President John Williams told …

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Fed’s Williams says sees ‘smidgen’ slower rate hikes

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Fed’s Williams sees strong case for December interest-rate hike

By Ann Saphir BERKELEY, Calif. (Reuters) – There is a “strong case” for raising interest rates when Federal Reserve policymakers meet next month, as long as U.S. economic data does not disappoint, a top Fed official said on Saturday. “The data I think have been…

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Fed’s Williams sees strong case for December interest-rate hike

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VW engineers admitted rigging CO2 emissions: Bild

Several Volkswagen engineers have admitted manipulating carbon dioxide emissions data because goals set by former Chief Executive Martin Winterkorn were difficult to achieve, Bild am Sonntag reported. The paper said VW engineers tampered with tire pressure and mixed diesel with their motor oil to make them use less fuel, a deception that began in 2013 and carried

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VW engineers admitted rigging CO2 emissions: Bild

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Fed rate hike ‘makes sense’, says U.S. central banker

Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the “next step” should be to start gradually increasing rates, a top U.S. central banker said on Saturday. “I do think it…

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Fed rate hike ‘makes sense’, says U.S. central banker